Bitcoin faces considerable selling resistance near $95,000, impacting its price momentum against traditional assets like gold. As BTC price struggles, the critical support level is identified at $93,500 for the weekly close, which traders are closely monitoring.
The volatility of BTC is evident as it reacts to market dynamics, especially around the $95,000 sell wall. Analysts note that maintaining support at $93,500 could shape the future bullish outlook for Bitcoin as it aligns with broader risk markets.
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