Bitcoin (BTC) Must Break This to Reach $100,000, Dogecoin (DOGE) Coming Closer to Bull Market, Solana (SOL) Death Cross Complications
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Bitcoin is facing a crucial resistance at the 200-day EMA, which could determine its next significant move. Currently trading near $84,000, breaking this level is essential for Bitcoin to reach $100,000.
March 18, 2025 | 11:30 am
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NEUTRAL IMPACT
Bitcoin is currently trading near $84,000 and is facing a significant resistance at the 200-day EMA. Breaking this level is crucial for Bitcoin to reach the $100,000 mark.
The 200-day EMA is a well-known technical indicator that often acts as a strong support or resistance level. Bitcoin's ability to break through this resistance could lead to a significant price increase, potentially reaching $100,000.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100