π‘ INSIGHT: Conviction remains high among #Bitcoin investors after a textbook bull market dip below the short-term holder cost basis.
Focus here for the bulls is to maintain momentum above $111.7K while breaking through the heavy supply until $118K. Above $118K should give the bulls all the momentum they need to get to new all-time highs.
Bears will be looking to drop below the STHCB at $111.7K and flip that area as resistance.





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#Bitcoin #Nostr

This is enough to offset the national debt π€―