Bitcoin's price is currently experiencing consolidation and market participants are closely monitoring key technical levels to determine the next major move. The cryptocurrency's price is expected to remain within its existing structure until the seven-month simple moving average aligns with its market price. Traders are specifically watching the $102,000 monthly close level, as a steady position above this threshold could signify an upward trend. Some traders believe that a temporary price drop to the $83,000–$85,000 zone could present a strategic buying opportunity, especially since previous market cycles have shown brief drops before continued growth. Overall, market sentiment remains cautiously optimistic.



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