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Bitcoin Could Break All-Time Highs Within a Year

Bitcoin Could Break All-Time Highs Within a Year

Bitget2024/08/06 15:13

Bitcoin is on track to break out to all-time highs within a year if it stays above $45,000, CryptoQuant founder and CEO Ki Young Ju said on the X platform. Although some indicators are currently showing bearish signals, a bounce is still possible. It will be crucial to see if Bitcoin can maintain this level for a week or two. If it stays at this level for longer, the risk of a bear market increases, and if it lasts more than a month, the recovery could become challenging.

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