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Banmuxia: The Bitcoin target profit levels are set at $98,000, $103,300, and $112,500, with dynamic adjustments based on market conditions

Banmuxia: The Bitcoin target profit levels are set at $98,000, $103,300, and $112,500, with dynamic adjustments based on market conditions

2025-12-12 14:35

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ChainThink News, December 12: Chinese crypto analyst Banmuxia stated that "on the daily chart of Bitcoin, the MA5, MA10, and MA30 have formed a golden cross; therefore, a subsequent support zone has emerged between $90,500 and $91,300."


If long positions in Bitcoin were previously established between $89,000 and $90,000, target profit levels could be set at $98,000, $103,300, and $112,500, with adjustments made dynamically based on market conditions. However, these profit targets are no longer suitable entry points for new long positions due to their low risk-reward ratio."

#Bitcoin#Price Range

Disclaimer: Contains third-party opinions, does not constitute financial advice

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