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Price analysis 10/11: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin recovered sharply and is nearing $62,500 on Oct. 11, indicating aggressive buying at lower levels. However, analysts are divided about the next directional move for Bitcoin. During a panel discussion at the Permissionless conference, 10T Holdings founder Dan Tapiero said that Bitcoin was headed to“ $100,000 relatively soon.” In contrast, analyst Cole Garner said in a post on X that Bitcoin could capitulate as the liquidity is tightening in the near term. He expects Bitcoin to fall to below $50,000. While short-term traders are worried about the near-term price action, the Bitcoin whales seem to be on an ... (full story)
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- Posted: Oct 11, 2024 4:59pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 213
