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Bitcoin May Break Past $100K Soon, Says Analyst
A recent prediction from a crypto analyst suggests that the price of Bitcoin may surpass $100,000 in the near future. According to the report, the current resilience shown by the token is an indication that it has secured investor confidence.
As reported earlier, Bitcoin (BTC) has maintained its position amid market volatility, with over 254,000 BTC remaining untouched for more than 155 days. This suggests that many long-term holders are willing to continue accumulating and holding the token even in the face of uncertainty.
In light of this data, analyst [analyst’s name] asserts that the price of Bitcoin may soon break past the $100K mark. While this prediction is not without controversy, it reflects a growing trend among investors who have begun to view BTC as a more stable and reliable store of value.
Meanwhile, it is essential for traders and investors alike to understand that every investment and trading involves risk. As such, they should always perform their own research prior to making decisions.
Source: https://u.today/bitcoin-may-break-past-100k-soon-says-analyst
