Bitcoin Nears $70K After Major Price Drop, Analyst Foresees Incoming 43.85% Surge to $100K
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Bitcoin has regained ground, climbing back close to $70,000 after plummeting to $53,000 earlier this month. A daily high of $69,851 was recorded today, supported by several critical events. This bullish momentum has also benefitted other major cryptocurrencies like Ethereum, Solana, and XRP. Additionally, market tracker Spot on Chain has updated its outlook, reflecting positive sentiments toward Bitcoin's future price movements. Analysts are predicting a substantial 43.85% increase, potentially pushing Bitcoin's value to $100,000.
Source: coinedition.com ↗
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