The current bullish momentum for Bitcoin is more likely to be sustained as a result of key technical ranges have been breached, and the concern from China’s tightening regulation has largely dissipated, stated Florian Grummes, managing director of Midas Contact Consulting.
“We have now an excellent likelihood to see $100k by the tip of the 12 months, perhaps even increased. In fact, that will spark an altcoin season once more. If Bitcoin actually continues to run, I’d say that the $60k $65k degree is the final resistance of the bears. If there may be nothing coming for them, then Bitcoin is off to the races and it might be $100k and even increased, $150k is feasible in direction of January,” he stated.
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0:00 – Bitcoin worth efficiency
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#crypto #Bitcoin #Ethereum
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