Bitcoin Repeating 2024 Rally? Analysts Eye ‘Real Breakout’ To $120,000 🚀
Bitcoin is witnessing significant price movement amid an online feud between Donald Trump and Elon Musk. The cryptocurrency dropped over 5% recently but is rebounding, triggering speculations of a potential rally past $120,000.
Analysts point to price patterns similar to 2024, suggesting a "real breakout" is imminent after recent false starts. Bitcoin's price activities this year mirror earlier year trends, building anticipation of another significant surge.
However, market watchers caution that Bitcoin must stabilize above key thresholds to maintain an upward trajectory, cautioning of potential corrections if it drops further.
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Bitcoin Bull Market Could Potentially Reach $230,000 Amid Technical and Economic Indicators
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