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Bitcoin price dip may spur buying spree in BNB, AVAX, NEAR and OKB

Bitcoin faces resistance around 100,000 USD: Data from prediction markets indicate a potential breakout above 100,000 USD in 2024. An optimistic prediction from Georgii Verbitskii, founder of Tymio, suggests that Bitcoin’s price could rise substantially in the coming years. Technical indicators such as moving averages and the RSI support Bitcoin’s bullish trend.

BNB shows signs of correction but maintains potential: BNB recently broke resistance but shows signs of selling at higher levels. If the price recovers from the 20-day EMA, BNB could continue its upward movement. This could lead BNB to higher levels, providing opportunities for investors to enter the market.

Investors also eyeing AVAX and NEAR: Both AVAX and NEAR have surpassed significant resistance levels recently but still face selling pressure. If both correct and hold at key support levels, this will affirm the strong foundation of these coins, enabling a strong price trend upwards.

Positive outlook for OKB at 48 USD support level: OKB is facing resistance at 48 USD, but if it holds this level amid adjustments, the recovery trend will illustrate trader optimism. This price level could offer an opportunity for investors looking to join before prices head higher in the coming time.

This is community-generated content, not advice from ONUS.
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