Material Indicators Linkcreate: BTC approaches historical high, or may pullback to $100,000

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2025-01-22 17:33:25

BTC-2.3%

On January 22nd, according to Cointelegraph, Keith Alan, co-founder of the trading platform Material Indicators, said that the price of BTC is approaching a new all-time high. Due to the removal of buy orders liquidity that supports BTC price, BTC may pullback to $100,000 in the short term. Currently, BTC is consolidating in the range of $101,000 to $106,000. And analyst Rekt Capital pointed out that if the BTC daily closing price breaks through the $106,000 resistance level and successfully pulls back, it could push the price to a new all-time high.

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