Bitcoin Dips Near Support Levels Amid Market Uncertainty

1 min read
Source: Cointelegraph
Bitcoin Dips Near Support Levels Amid Market Uncertainty
Photo: Cointelegraph
TL;DR Summary

Bitcoin is approaching a key support level around $110,530, with potential for a bounce that could boost altcoins like ETH, BNB, LINK, and MNT. The market remains range-bound amid macroeconomic uncertainties, with some analysts predicting a drop to $100,000 while others see a rise to $145,000. Short-term technicals suggest possible dips and rebounds for Bitcoin and select altcoins, depending on whether support levels hold or break. Overall, the market shows signs of indecision, with potential for both upward and downward movements based on key support and resistance levels.

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