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Bitcoin’s Potential Remains Strong Despite Failure to Break $100K

BitcoinWorld LogoBitcoinWorld13h ago

Bitcoin’s Potential Remains Strong Despite Failure to Break $100K - BitcoinWorld

Quick Summary:

Bitcoin’s Potential Remains Strong Despite Failure to Break $100K Bitcoin’s recent struggle to break the $100,000 resistance level has fueled speculation about its next move.

While miner selling pressure and profit-taking by long-term holders have contributed to the stagnation, institutional demand and bullish market indicators suggest that Bitcoin still has significant room to grow.

A successful breach of $100,000 could trigger a new bull market phase.


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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 09:18:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23904160

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 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: #121

Publisher Details

Frequently Asked Questions

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The story "Bitcoin’s Potential Remains Strong Despite Failure to Break $100K" has 274 words across 24 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin’s Potential Remains Strong Despite Failure to Break $100K" was covered 13 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 22 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23904160
  • URL: https://beamstart.com/news/bitcoins-potential-remains-strong-despite-17326991

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