The rate of Bitcoin has declined by 2.25% over the last day, with sellers' pressure being observed on the market. On the hourly chart, BTC may have established a local support at $101,418, and if the growth continues, it could test the resistance level of $102,744 by tomorrow. On a larger time frame, neither bulls nor bears are dominating, but if sellers break the $100,000 mark, a more significant correction to the $98,000 range could occur. In the midterm, sideways trading is expected, with falling volume indicating that sharp moves are unlikely in the near future. At the time of writing, Bitcoin is trading at $102,018.



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