Bitcoin traders regain optimism as BTC price aims to reclaim $57K
Traders say Bitcoin presents the best buying opportunity after BTCs price rebounds toward the $57,000 level.
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Traders say Bitcoin presents the best buying opportunity after BTCs price rebounds toward the $57,000 level.
Bitcoins correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.
The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price.
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction.
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.
Some Bitcoin analysts see the BTC price heading above $80,000 immediately if Donald Trump beats Kamala Harris.
Bitcoin price targets for 2025 range from $100,000 to $200,000, but a fractal indicator warns about a 40% crash first.
Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead.
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