The crypto analyst Trader Tardigrade has identified a "False Break" in the price of Bitcoin, where it temporarily dropped below the lower support line of an Ascending Channel. However, the analyst believes that this drop does not confirm a continuation of the downtrend and that Bitcoin quickly moved back into the channel. They predict that if Bitcoin can hold the support line, it will likely continue to move upwards within the channel, with a price target of $110,000 to $112,000. Another analyst, Titan of Crypto, believes that Bitcoin may see further declines with a support level at $87,000, but sees this as a potential foundation for a future price rally. They predict a price rally to $110,000 despite the current bearish behavior.



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