Bitcoin's Volatile Path: Will It Surpass $100K Amid Market Turmoil?

1 min read
Source: Benzinga
Bitcoin's Volatile Path: Will It Surpass $100K Amid Market Turmoil?
Photo: Benzinga
TL;DR Summary

Bitcoin is struggling to maintain its position above the $100,000 mark, with recent market activity seeing its price dip to $94,725. Analysts are divided on its future trajectory, with some optimistic about a rise to $120,000 if resistance at $100,000 is overcome, while others warn of potential consolidation if the $95,000 support level fails. Despite recent volatility and significant liquidations, the long-term outlook remains bullish, with technical patterns suggesting continued growth potential.

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