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Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first Cointelegraph 02 Sep 2024

Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first 📉

Bitcoin

Analysts believe Bitcoin has the potential to reach a six-figure valuation, possibly hitting $110,000. However, they also caution that before this breakout, Bitcoin might experience a significant correction, dropping below $40,000.

This potential dip is seen as a necessary step for Bitcoin's long-term growth and eventual rise to higher valuations.

Sumber: cointelegraph.com ↗

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