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Price analysis 12/13: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB
Bitcoin continues to witness a tough battle between the bulls and the bears near the $100,000 level. A positive sign is that the bulls have not ceded much ground to the bears, increasing the likelihood of an upside breakout. Bitfinex head of derivatives Jag Kooner said that the rate cut by the People’s Bank of China on Nov. 21 and by the European Central Bank on Dec. 12 could “spur capital flows into risk-on markets, including crypto.” The sentiment could improve further if the United States Federal Reserve cuts the rate in its Dec. 18 meeting. That could boost Bitcoin to “record-breaking levels” by the end ... (full story)
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- Posted: Dec 13, 2024 2:25pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 259
