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Bitcoin’s Path Forward: Next Major Target Set At $121,290, What’s Driving The Momentum?

Bitcoinist LogoBitcoinist10h ago

Bitcoin’s Path Forward: Next Major Target Set At $121,290, What’s Driving The Momentum? - Bitcoinist

Quick Summary:

Bitcoin’s price prospects look promising after its recent notable upside momentum above the $100,000 pivotal milestone.

This prompts a broader bullish outlook for the cryptocurrency asset to surge significantly in the upcoming weeks to unprecedented levels as the market gradually regains its uptrend.

In other words, it is a bullish chart pattern characterized by higher highs and higher lows, providing a clear visual signal of upside strength for traders.

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Bitcoin’s Path Forward: Next Major Target Set At $121,290, What’s Driving The Momentum? - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 13:30:50 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24376924

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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How long will it take to read this news story?

The story "Bitcoin’s Path Forward: Next Major Target Set At $121,290, What’s Driving The Momentum?" has 455 words across 30 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin’s Path Forward: Next Major Target Set At $121,290, What’s Driving The Momentum?" was covered 10 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 13 news stories per day.

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

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  • News ID: #24376924
  • URL: https://beamstart.com/news/bitcoins-path-forward-next-major-17340103408660

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