The overall market for cryptocurrencies is experiencing positive movement, as most coins are seeing gains. Bitcoin has risen by 2.45% in value over the past 24 hours. However, the price of Bitcoin is currently falling and may potentially test the $100,000 mark. On a larger time frame, Bitcoin's value is declining after failing to break through the resistance level of $102,747. If selling pressure continues, there may be a further test of the $98,000-$99,000 range. From a midterm perspective, Bitcoin's price is still far from key levels, and if the weekly bar closure shows a long wick, a correction to around $95,000 might be expected. The current trading price for Bitcoin is $100,409.



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