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Bitcoin Repeats Historic Pattern—Next Breakout to $100K?
Bitcoin and the cryptocurrency market have recovered, with Bitcoin topping $93,000 today following a 10% gain in 24 hours.
The rise followed the disclosure of a US crypto strategic reserve that may contain BTC, ETH, SOL, XRP, and ADA.
The report sent Bitcoin over $90,000 amid market optimism. Analysts seem to be attentively monitoring Bitcoin's corrective phase as its price rises.
Historic BTC Prices and Market Outlook
Grizzly says Bitcoin is in its third correction phase since early 2023. This trend has been detected using UTXO Age Band
Bitcoin and the cryptocurrency market have recovered, with Bitcoin topping $93,000 today following a 10% gain in 24 hours.
The rise followed the disclosure of a US crypto strategic reserve that may contain BTC, ETH, SOL, XRP, and ADA.
The report sent Bitcoin over $90,000 amid market optimism. Analysts seem to be attentively monitoring Bitcoin's corrective phase as its price rises.
Historic BTC Prices and Market Outlook
Grizzly says Bitcoin is in its third correction phase since early 2023. This trend has been detected using UTXO Age Band