Bitcoin’s price dipped to 89,530 USD during the Asia trading session, indicating a close correlation with gold amid geopolitical tensions. Analysts are assessing if the 21-day moving average will provide support around 88,900 USD.
Should the remaining CME gap stay open, it may become pivotal for future Bitcoin price movements. Analysts are keeping a close watch on this level as a potential signal for market bottom before a new uptrend.
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