Bitcoin has seen a significant rise in recent days, reaching as high as $90,000. However, analysts have warned of a possible correction, as historically these increases are followed by corrections. While there is strong demand in the options market, analysts cautioned against pullbacks due to leveraged liquidations. Bitcoin's role as "digital gold" has been solidified with a 30% increase since the US elections, while gold has fallen by 5%. Analysts suggest that a 1% reallocation from gold to Bitcoin could push BTC to around $97,000.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-11-12
Analysts Warn of Correction for Bitcoin as It Strengthens Against Gold! Share New Price Predictions!