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Opinion: Bitcoin needs to hold $73,344, with the first upside target at $79,234
Mars Finance reports that, according to analyst Ali Charts, from a technical perspective, Bitcoin is expected to see a rally after closing above the $73,344 resistance level on the daily chart. To sustain the upward momentum, this price level must hold as a structural support. The upward targets are $79,234 and $85,555. Ali Charts states that with the recent retest of $73,344, the possibility of an upward move has emerged.