Bitcoin's price has been volatile and is currently hovering around key levels. The market is range-bound between $102,500 and $92,500. The Weekly Open level is important to watch, as it could indicate the direction of the market. The $93,000 to $96,000 range is a high liquidity zone. If Bitcoin can reclaim the $95,000 level, it may start a bullish momentum. However, if it breaks below $92,500, further declines are possible. The Bollinger Bands are contracting, suggesting reduced price movement, but recent rejections at key levels indicate a potential breakout. According to Moustache, Bitcoin is entering an exciting stage and could see a bullish breakout by late 2024. The market may also be influenced by global factors, such as a Japan stock market crash.



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