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Bitcoin Fluctuates Near Key Support Level, CryptoQuant Report Reveals

2025/11/09 14:11 (Updated 2025/11/10 12:01)
CoinPost
Written by A.Yamada
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Bitcoin Fluctuates Near Key Support Level, CryptoQuant Report Reveals

Analyzing Bitcoin Prices with Multiple Indicators

On-chain data analytics firm CryptoQuant released its latest weekly cryptocurrency market report on the 5th.

This week, Bitcoin (BTC) prices fell below $100,000 for the first time in months, and have since been hovering near a support level that could lead to a significant correction if breached. At the time of writing, Bitcoin stands at $103,610.

CryptoQuant notes that the $102,000 mark, represented by the 365-day moving average, is a critical support level both technically and psychologically. This level could be pivotal in the current bullish phase...

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