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bitcoin surpasses 100000 as analysts predict bullish trend despite bearish patterns

Bitcoin has crossed the significant $100,000 mark, raising bullish sentiment among investors. Analysts are observing a potential head-and-shoulders pattern that could indicate a bearish reversal, but the likelihood of this pattern materializing has decreased with the recent price surge. Projections for Bitcoin in 2025 remain optimistic, with estimates reaching as high as $200,000, although caution is advised due to potential market volatility around political events.
Bitcoinist.com
Standard Chartered PLC Jason A. Williams Aksel Kibar Geoff Kendrick Arthur Hayes Show more
Finance & Economy, Market Report
13:00 08.01.2025
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