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Crypto watch: Bitcoin escapes 50-day downtrend, eyes new highs Ambcrypto 2 weeks ago

Crypto watch: Bitcoin escapes 50-day downtrend, eyes new highs 📈

Bitcoin has successfully exited a 50-day downward trading channel. This movement indicates a possible upcoming rally.

Analysts suggest that Bitcoin might be targeting a price of $75,000 by the year 2025. This new shift in Bitcoin's trajectory could signify a bullish trend for the cryptocurrency market.

Investors are closely watching these developments, eager to see if Bitcoin will reach new highs as predicted by market experts.

Source: ambcrypto.com ↗

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