Bitcoin Crash Predicted for January, Expert Sets $75K Target Before Trump Takes Office

Quick Summary:

While some had expected the cryptocurrency to reach $100,000 already, analysts point to a combination of factors behind the current market dynamics.

Bitcoin’s price is currently oscillating between $89,000 and $98,000, with traders eagerly awaiting whether it will break to the upside or downside.

QCP Capital forecasts a 10% rise to $100K in the coming months, followed by a general altcoin season.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: News Crypto news Bitcoin Price Analysis Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 15:47:07 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 324 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23836311

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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