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Analytics Company Shares Key Price Levels That Will Determine Bitcoin’s Fate

Cryptocurrency analytics firm MarktQuant has identified critical levels in Bitcoin's price trajectory that investors should pay attention to. The firm emphasizes the importance of the $98,400 resistance level for bullish momentum, and failure to break out of this level could result in a pullback and potential support testing in the $90,000-$92,000 range. MarktQuant expects buying interest to emerge in this range in the event of a pullback, but warns that a drop into this zone could trigger significant liquidations and increase volatility. The analysis also highlights significant liquidation clusters in the $94,000-$96,000 range, which could lead to market volatility.

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