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Business & Economics

Bitcoin Price in No Man's Land With Equal Risk Outcomes Between $85K to $83K

CoinGape
Summary
Nutrition label

62% Informative

Bitcoin price is stuck between $83 K and $ 85 K levels, with traders awaiting a breakout.

Bitcoin price has been bouncing between these two levels in the past five days .

Traders plan for a bullish trade after a sweep of $ 82,753 , targeting $ 88K-$90K.

A break of the $ 93 K level could push the price down to $ 82.2 K, and $ 80 K, two key support floors.

A decisive flip of $ 85k will put Bitcoin price in front of $ 86 K sell wall, if bulls overcome this hurdle.

VR Score

40

Informative language

25

Neutral language

58

Article tone

formal

Language

English

Language complexity

20

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

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