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Will Bitcoin Price Bounce Today Lead to Sustainable Uptrend?

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Summary
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67% Informative

Bitcoin price has bounced back from lows of under $75,000 and is currently trading 6.08% up above $82,000 levels.

Ali Martinez suggests Bitcoin price could reach $ 84,000 or $ 87,000 if it maintains support above $80,700 .

Rekt Capital notes Bitcoin is nearing a critical downtrend re-test and could break into a new technical uptrend.

However, on-chain data shows a sharp rise in Bitcoin reserves on Binance , with 22,106 BTC added amid macroeconomic uncertainty.

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46

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34

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35

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formal

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English

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55

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short-lived

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