The resistance level at 85,000 USD must be surpassed for Bitcoin to aim for higher targets. Currently, key support levels are set at 78,000 USD and the previous high at 74,000 USD.
Market caution is prevalent; the Federal Reserve’s hawkish position and economic indicators such as CPI at 2.8% and low unemployment challenge bullish movement, but strong demand from Bitcoin ETFs may refuel interest.
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