According to Chainthink, a live session by 'Old Tony' discussed Bitcoin's price movement around the 101,500 level. He noted that Bitcoin recently tested 100,000 but did not break below it, suggesting potential for a rebound. If Bitcoin breaks below 99,500, it could lead to further declines toward 95,000. Conversely, a successful break above 105,000-106,000 could push the price toward 110,000 and potentially a new high. Ethereum is expected to follow Bitcoin's trend, with caution advised for investors.
Bitcoin Price Analysis: Key Levels to Watch Above and Below 100,000
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