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This $25K BTC price target would spell misery for Bitcoin shorters
Bitcoin has an important new price target for bulls to meet — and it is closer than it seems. As noted by Philip Swift, co-founder of trading suite Decentrader, $25,000 is now a critical BTC price level. Bitcoin price rally near "a lot of liquidity" After putting in 40% gains in January, Bitcoin continues to consolidate around the $23,000. Opinions are split as to what will happen next — after more than a year of bear market, plenty of market participants expect a dramatic correction and even new multi-year lows of $12,000 or worse. Others believe that the good times can continue and even see BTC/USD reach ... (full story)
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- Posted: Jan 24, 2023 6:58am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 135
