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Bitcoin has strong support in the $110,000 to $114,000 range, with the next resistance near $117,000
According to Cointelegraph, Bitcoin's cost benchmark data indicates strong support in the $110,000 to $114,000 range, with the next resistance range approaching $117,000.
2025-09-12 14:21:34
Analysis: BTC may complete chip redistribution between 112,000 and 117,000 dollars
On-chain analyst Murphy said that BTC's recent break through $117,000 was mainly driven by short-term positive news, but did not bring a large amount of capital inflows. The data shows that investor sentiment is generally neutral, and the short-term active level has declined. According to URPD data, BTC may complete chip redistribution between 112,000 and 117,000 dollars. If it stands firm 117,000 dollar is expected to hit a new high.
2025-08-08 10:42:07
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