After BTC recovered to $100,000, an analysis suggests that it could soon reach its all-time high if it maintains this level. BTC market analyst Rachel Lucas said in an interview with TheBlock, "Today, BTC temporarily exceeded $99,000. This upward trend is due to various factors such as institutional infrastructure development, macroeconomic factors, and supply reduction after the halving. Especially as funds continue to flow into BTC spot ETFs, the upward momentum is also strengthening. While short-term volatility and profit-taking near resistance levels are expected, the overall trend remains positive."
Analysis: "BTC can reach all-time high if it recovers and maintains $100,000"
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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