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Bitcoin Rally Isn’t Over Yet, Analysts Say - $138K Could Be Next Target
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Bitcoin Rally Isn’t Over Yet, Analysts Say - $138K Could Be Next Target
Currently priced around $117,589, Bitcoin appears stable — and that’s a good thing, according to the firm. Swissblock highlights that macroeconomic risk remains unusually low, calling it a “rare and historically bullish” backdrop for Bitcoin. Rather than signs of exhaustion, the firm sees the market’s lack of aggressive buying as a signal that traders are simply holding off for volatility to return. Using the Short-Term Holder Cost Basis Model, …
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