Bitcoin Price Prediction: $126,000 Target as BTC Follows Gold’s Bullish Path

Quick Summary:

This could offer a glimpse into Bitcoin’s next price movement, especially as a major short squeeze unfolds.

At the time of writing, Bitcoin is trading above the $85k price level.

This is a significant signal on the weekly chart, indicating strong bullish potential for Bitcoin in the long term.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: Price Analysis Crypto news Cryptocurrency News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 14:03:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 288 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23554893

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 18 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

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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