Bitcoin May Now Be Starting Its Next Bull Run To $100K And Beyond

Summary

  • Bitcoin appears to have bottomed after testing its 200-day Simple Moving Average, positioning it for a large rally.

  • Short term resistance at $60k has been surpassed, with the next level at 65k.

  • Monthly chart projections suggest a potential rally to $300k.

  • Bitcoin continues to evolve as a new form of value storage.

As anticipated by my last article, Bitcoin (BTC-USD) appears to have bottomed after testing its 200-day Simple Moving Average in much the same way as it did in September, leading to a large rally.

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https://seekingalpha.com/article/4704354-bitcoin-may-now-be-starting-its-next-bull-run-to-100k-and-beyond

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