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Question #356

What does Bitcoin trading above $90,000 indicate about overall market sentiment?

Catégorie: General
It signals investor confidence; price staying above support indicates continued buyer strength.
It guarantees price rise because crossing ninety thousand automatically triggers more buying.
It indicates high volatility; price above ninety thousand triggers short-term selling pressure.
It signals bearish momentum; price above ninety thousand suggests investor panic-driven activity.

Pourquoi est-ce la bonne réponse?

This is correct because when Bitcoin holds above a key level like $90,000, it shows that demand outweighs selling pressure at that price point. Beginners should understand that such support levels reflect sustained buying interest and confidence among investors, suggesting a generally bullish market mood rather than panic or uncertainty.

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