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Image Credit: Cryptopotato

Bitcoin at the Brink: Double Top or $150K Moonshot, What’s Next?

  • Bitcoin is trading around $105,500, showing a modest 1.1% increase in 24 hours after a week of volatility.
  • There are discussions in the crypto community on whether Bitcoin is forming a double top or gearing up for a $150K surge.
  • Various analysts have conflicting views, with some believers in a strong continuation to new highs while others caution about potential retracements.
  • Institutional buying is locking up Bitcoin supply, but warnings about resistance and possible liquidation cascades loom.

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