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Bitcoin opened strong, with some technical potential. The overall trend is bullish, but a recent pullback is also normal—the key is how to treat the pullback as a buying opportunity.
The critical support level is at 92K. Once it stabilizes here, the target of 96K to 97K is not far away and could move quickly.
Another crucial condition: if the stock market does not experience a significant decline this week, Bitcoin is likely to see a good upward trend. The performance of the entire asset class depends on the mood of traditional finance.