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Why Bitcoin’s $100K Price Could Be at Risk: Six Red Flags for a Market Correction

Coinpedia LogoCoinpedia1d ago

Why Bitcoin’s $100K Price Could Be at Risk: Six Red Flags for a Market Correction - Coinpedia

Quick Summary:

The price has recently managed to inch above this moving average, but it still faces resistance.

Bitcoin is facing growing competition from altcoins and other cryptocurrencies like Ethereum and Solana.

If they stop buying or even start selling, it could trigger a sharp correction in Bitcoin’s price.

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Why Bitcoin’s $100K Price Could Be at Risk: Six Red Flags for a Market Correction - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 15:53:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 24918295

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 15 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

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: #112

Publisher Details

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The story "Why Bitcoin’s $100K Price Could Be at Risk: Six Red Flags for a Market Correction" has 339 words across 22 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Why Bitcoin’s $100K Price Could Be at Risk: Six Red Flags for a Market Correction" was covered 1 days ago by Coinpedia, a news publisher based in United States.

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Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 15 news stories per day.

It's most recent story was published 13 hours ago.

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  • News ID: #24918295
  • URL: https://beamstart.com/news/why-bitcoins-100k-price-could-17361804845222

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