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Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts

NewsBTC LogoNewsBTC23h ago

Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts - NewsBTC

Quick Summary:

According to popular analyst Titan of Crypto, the current trend goes in line with most the previous trends, especially the post-halving periods that have been the source of various significant movements.#Bitcoin Rally Imminent? 🚀 In previous cycles, when the price retested the 50-week simple moving average 🔴, it bounced at least 40%.

Still, an increase is seen in the coming week; short-term signs suggest a possible comeback.With forecasts of a 70.68% gain, this momentum might open the path for significant price rise over the next three months.

This trend supports the present projection of a possible comeback, therefore strengthening the belief that Bitcoin might bounce back rather powerfully in the next months.

More Pictures

Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts - NewsBTC (Picture 1)Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts - NewsBTC (Picture 2)Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts - NewsBTC (Picture 3)Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts - NewsBTC (Picture 4)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 13:30:30 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 517 words

Reading Time: 3 minutes read

Sentences: 75 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 22531506

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #102

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