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by: xpoolPosted on: November 23, 2025

Bitcoin Breaks $83,000, Poised for Further Upside with Fibonacci Support

After a sharp decline, Bitcoin bounced off the crucial $83,308 Fibonacci support level. This move signifies a renewed bullish trend and opens the door to potential price targets between $88,000 and $98,000. Analysts attribute this rebound to expanding decentralized finance (DeFi) applications and institutional interest.

Related posts:

  1. Bitcoin Value Drops Slightly: Price Reaches New Low of $84,037
  2. Bitcoin’s 45-Day Crash Explained: Triggered by Liquidations, Not Fundamental Shifts
  3. Bitcoin Price Plunges Below $83,000: Analyzing the Market Shock
  4. Bitcoin Takes a Plunge Below $83,000: What’s Driving the Drop?
Bitcoin Cryptocurrency Market Analysis

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