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Bitcoin Price Analysis: BTC’s $100K Target Faces a Momentum Test

CoinCentral·November 12, 2026·1 min read
Bitcoin Price Analysis: BTC’s $100K Target Faces a Momentum Test

Bitcoin traded near $73,560 during the November 12 technical snapshot, with its 200-day simple moving average at $73,147. The daily RSI measured 33.9, above the oversold threshold of 30. Resistance stands at $74,659 and $76,590. Bitcoin needs ~35% appreciation from $74,000 to reach $100,000.

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