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Can Bitcoin Soon Reach 250K? Here’s What Analysts Think Happens Next

  • CryptoQuant’s Ki Young Ju highlights a resurgence in ‘apparent demand’ for Bitcoin, suggesting an optimistic market outlook.
  • Analyst Michaël van de Poppe predicts Bitcoin could surpass its all-time high and approach US$90K by year-end.
  • Bitcoindata21 forecasts Bitcoin could even reach US$250K by early 2025, based on monthly RSI and standard deviation analysis.
  • Increasing demand and bullish sentiment indicate a positive quarter ahead for cryptocurrency.

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