Crypto Blog
Bitcoin price handily cleared $34,000 this week. However, according to technical analysis by one strategist, BTC could keep going higher and trade as high as $48,000 by New Year’s Day.The recent price rally that saw BTC gain over 20% within days has prompted many to assert that the asset is primed for another bull run.: The metric overseeing BTC’s dominance over the altcoin has been on a steady rise for weeks and recently exceeded 53% for the first time in over two years.
The last time Bitcoin breached $32,000 on an upward trend was in July 2021. That preceded a blowout price rally toheating up Furthermore, the high-profile FTX fraud trial has bolstered Bitcoin’s selling proposition as a decentralized blockchain beyond the manipulation of any one leader. That’s evidenced by the
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