Bitcoin's price has been experiencing volatility as it tests key support and resistance levels. The current focus is on the blue support area, which Bitcoin has retested, indicating its importance to the market. The retest is still volatile, and the outcome is uncertain with a significant portion of the week remaining. The orange uptrend line continues to act as resistance, but if Bitcoin can stabilize at the blue area, it may eventually turn into support and allow for upward movement. The recent weekly close above the blue area is seen as a positive development, indicating the potential reclamation of this lost support. If Bitcoin can hold within the blue range, further upward movement toward the $101,000 resistance level is possible. However, the market remains unpredictable, and close attention is needed as uncertainties persist.



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