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Bitcoin Price Enters 5th Wave After Decline, Eyes Stronger Breakout Rally

  • Crypto analyst CrediBULL Crypto predicts a stronger breakout rally for Bitcoin as it enters the Wave 5 impulsive move to the upside.
  • CrediBULL Crypto believes that the current rally in Bitcoin is part of Wave 5 and expects it to be more significant than previous impulsive moves.
  • The analyst indicates that Bitcoin's monthly RSI entering overbought territory suggests a potential 'silly' phase, with the cryptocurrency approaching a blowoff top.
  • Other analysts, including Titan of Crypto and Peter Brandt, foresee Bitcoin's price rallying to new all-time highs, with projections ranging from $113,000 to $150,000.

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