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Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target

CoinGape LogoCoinGape13h ago

Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target - CoinGape

Quick Summary:

Today’s BTC surge came following MicroStrategy’s addition to Nasdaq 100 index and bullish momentum amid Donald Trump’s strategic Bitcoin Reserve developments.

Bitcoin price shot up by another 6% to hit a new all-time high at $106,498 today, as investors await the Christmas rally.

However, the upcoming FOMC meeting on Wednesday may create some headwinds for the further Bitcoin price rally.

More Pictures

Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target - CoinGape (Picture 1)Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target - CoinGape (Picture 2)Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target - CoinGape (Picture 3)Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target - CoinGape (Picture 4)

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 08:14:25 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 575 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 24428487

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target" has 575 words across 39 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Bitcoin Price Hits New ATH of $106K, Top Analyst Gives $120K Target" was covered 13 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 19 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/bitcoin-price-hits-new-ath-17343371742778

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