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Bitcoin eyes $100k by year-end? Analysts bullish despite current slump
Little has changed in the overall picture of the cryptocurrency market overnight as Bitcoin (BTC) continues to see sideways price action above $63,000 while the majority of altcoins recorded minor losses. Most analysts agree that the next few weeks to months could see a similar story, with most tokens experiencing volatile consolidation in typical post-halving fashion as the market adjusts to the reduction in new Bitcoin supply. “What we are seeing is quite typical in the history of Bitcoin prices, a series of ups and downs with an ever higher floor price over time,” said Igor Telyatnikov, co-founder and CEO of ... (full story)