Bitcoin Price Outlook: NDX/SPX Correlation Could Determine BTC’s Next Move

Quick Summary:

This trendline marks a key resistance point, making it critical to watch as Bitcoin’s price continues to fluctuate around it.

Moreover, despite the potential warning of further dip, many traders, including Robert Kiyosaki and WealthSquad Chris, remain optimistic about Bitcoin’s future, with Kiyosaki planning to buy more as it nears $100,000.

While the sentiment is currently positive, the future of Bitcoin remains uncertain, and whether it continues its upward trajectory or faces a pullback is still to be determined.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: News Altcoins Bitcoin Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 08:00:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23582480

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 16 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #112

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