Bitcoin, the world’s largest cryptocurrency by market capitalization, is currently trading at $80,749.00, marking a mild 0.22% 24-hour gain that holds the key $80,000 psychological level for market participants. Over the past trading session, BTC has traded within a defined range of $79,134 on the low end to $82,364 on the high end, showing contained volatility after recent record-breaking upward momentum. Market analysts and price models hold a strong near-term bullish outlook, with 80% confidence that Bitcoin will break above the top of its current range to extend its rally. Short-term traders can watch $82,360 as key resistance and $79,100 as near-term support to position for the next directional move.
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