On-Chain Indicator Sets Bitcoin Cycle Top Price At $141K – Details

Quick Summary:

Bitcoin has experienced a record-breaking bullish breakout, shattering all-time highs almost daily over the past three weeks.

After an impressive rally, the price is less than 2% away from the $100,000 mark—a critical psychological level that could become a turning point for the entire crypto market.

If the price struggles to hold above $100,000 after a breakout, it could trigger a pullback, leading to a correction before the next phase of the rally.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin correction Bitcoin Bull Run Bitcoin News Btc Bitcoin demand BTCUSDT Bitcoin ATH Bitcoin news Bitcoin Bitcoin Cycle Top

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 14:30:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23796636

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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