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Matrixport: If the Bitcoin price is above $105,696, the overall trend remains bullish


2025-08-0615016 Views
Matrixport released today's market analysis, stating that at the current stage, it may still be too early and even more pessimistic to judge whether Bitcoin will fall back to the 21-week moving average of $105,696. However, we still consider this level as a reference for the key trend: if the price is above this level, the overall trend is still bullish; once it falls below, we need to be alert to bearish signals.




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