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Bulls Are Eyeing Bitcoin's Next Target: $120K
Crazy cryptocurrency market! Analysts are betting that bitcoin will not experience a significant pullback until it reaches $150,000.
①Bitcoin's price has surged nearly 30% in the past seven days, breaking through $89,000 in the past 24 hours; ②Analysts predict that Bitcoin's price will continue to rise due to positive political momentum, social media hype, continued interest rate cuts, and the prospect of becoming a strategic reserve asset for the United States.
Bitcoin and gold are approaching the "Golden Cross". A major signal: Can the price rise above 0.089 million and still be traded?
On Tuesday, November 12, bitcoin successfully climbed to $89,465, reaching a new all-time high. Bloomberg Senior ETF Analyst Eric Balchunas stated that the asset size of the United States bitcoin spot ETF has reached two-thirds of the gold ETF, which means that a "golden cross" between the two could soon form. Technical analysts emphasize that despite bitcoin reaching a new high, there doesn't appear to be an overheating phenomenon on the technical side.
Bitcoin's Record-Breaking Rally Lifts Options Tied to Marathon Holdings, Coinbase, MicroStrategy
Microstrategy, Marathon Digital Holdings, Coinbase, Cleanspark, And Tesla: 5 Stocks On Investors' Radars Today Amid Bitcoin Buzz
Bitcoin staged a 'Trump trade'! Hong Kong stocks crypto currency ETF full screen surge, rose more than 36% on the 5th day.
1. Bitcoin has become the biggest beneficiary of the 'Trump trade', soaring to nearly $0.082 million; 2. Hong Kong stock virtual currency ETF surged in response, with a single-day peak increase exceeding 8%; 3. Analysts unanimously bullish, shouting out: to $0.15 million by the end of the year!
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