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01/23 22:04

Bitcoin price prediction: Assessing BTC’s odds of

Bitcoin price prediction: Assessing BTC’s odds of staying above $100K

A short-term BTC breakout could tap $110K but short-sellers could drag it to $96K or $90K.
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  • Mapping Bitcoin’s price prediction as BTC consolidated within $100K-$105K after Trump’s inauguration.
  • Options traders eyed $90K and $96K as likely levels for potential drops. 

After shaking off the early ‘disappointment’ from the Trump inauguration, Bitcoin [BTC] has defended the $100K level. In the past two days, the king coin has been swinging between $100K and $105K. 

With key on-chain metrics suggesting a potential breakout from the overall price range, what’s next for BTC in the short term? 

#BTC price hits a new high of $120,000! #Tariffs Crash Crypto#Share Your Thoughts on Popular Assets in March
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