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Bitcoin Price Action: Why The Next 30 Days Could Be A Game-Changer For The Market

NewsBTC LogoNewsBTC11h ago

Bitcoin Price Action: Why The Next 30 Days Could Be A Game-Changer For The Market - NewsBTC

Quick Summary:

Before now, CryptoCon had already assured that the bull cycle wasn’t over despite the crypto market facing the largest liquidation event in this cycle, with over $2 billion wiped out from the market.    BTC’s Trend Remains Uncertain For Now While the Bitcoin price could rally to $160,000 in the next thirty days, crypto analyst Ali Martinez has stated that BTC’s trend direction in the short term remains uncertain.

The analyst added that the trend remains uncertain until there is a clear breakout beyond this range.  Related Reading: Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls However, crypto analyst Kevin Capital suggested that the Bitcoin price could soon record a massive bounce to as high as $111,000, marking a new all-time high (ATH) for the flagship crypto.

Based on his analysis, the next thirty days could be a game-changer, with BTC set to witness a significant move to the upside.  Why The Next 30 Days Could Be A Game Changer As The Bitcoin Price Makes its Move In an X post, CryptoCon predicted that the Bitcoin price could rally to as high as $160,000 in the next thirty days.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 15:30:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 66 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25910791

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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