CandleFocus Analysis Company Says “A Short-Term Correction May Come in Bitcoin, But the Bull Is Not Over”, Announces Its Prediction for the Real Peak!
2024-11-18
Author: Content Editor
The price of Bitcoin has reached a new high of over $93,000 following the election of Trump as president. Despite a potential correction, experts believe that the rally will continue and predict that Bitcoin could exceed $200,000 in this cycle. BCA Research, a global research firm, based their estimate on the 260-day fractal dimension complexity, which tracks changes in price patterns. While a pullback is expected in the short term, the analysts believe that Bitcoin's uptrend will remain intact and eventually reach $200,000.
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