📰NEWS📰
Van Eck has reaffirmed its $180,000 price target for Bitcoin during this market cycle.
In a Nov. 21 report, analysts stated the crypto bull market is just getting started.
They anticipate regulatory support and institutional interest could drive Bitcoin to $180,000… https://x.com/i/web/status/1860292211130384529

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Odaily Planet Daily Report: According to the latest report by asset management giant VanEck, based on key indicators, this rebound seems to have just begun. VanEck analyzed three key indicators: funding rates, relative unrealized profits (RUP), and retail interest trends: <Perpetual futures funding rates have remained above 10% since November 12, indicating a strengthening bullish momentum>; in addition, the current 30-day moving average relative unrealized profit level is around 0.54, which usually suggests that the market will reach its peak over a longer period; <search volume is only 34% of the May 2021 high, indicating that speculative frenzy has not yet spread, and the re-participation of retail investors will allow Bitcoin to have further upside potential>.

VanEck: Three key indicators show that Bitcoin may have further room to rise

The author will analyze how the breakthrough of Bitcoin above $100,000 will impact the market dynamics, regulatory environment, institutional adoption, and the broader crypto-financial ecosystem.

Industry Interpretation: Bitcoin price breaks through $100,000, why is it so important to the crypto industry?

ITS HAPPENING ! We waited for what feels like an ETERNITY for this. BUCKLE UP EVERYONE the next few months are going to be SPECTACULAR if you hold Bitcoin or altcoins.
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