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Bitcoin Weekly Forecast: BTC slips under $90K, no santa rally in sight
Bitcoin traders are counting on a year-end rally, awaiting a return above the $100,000 milestone. Bitcoin-based investment products are struggling with declining inflows and weaker institutional demand, relative to the beginning of the year. As institutional inflows dry up, the market is clear that despite the expectations of rate-cuts and other positive regulatory developments, Bitcoin’s rally is likely close to the end. In this analysis we identify three key catalysts that could drive BTC price higher and identify key levels to watch next week.
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