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Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

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Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs.

Key Takeaways:

Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued.

Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.

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