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Bitcoin May Never Fall Below $100K Again

5d ago
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Inside a massive glass bell jar: a three-dimensional, golden and imposing Bitcoin symbol, levitating slightly. On the base, the number “100,000” is sculpted in glossy orange relief. The bell is perfectly smooth, with no seams or access points, and reflects the ambient light. Several traders, Standard Chartered analysts, or onlookers reach out or knock against the bell, visibly frustrated or in disbelief.

A historic turning point could unfold in just a few days. Geoffrey Kendrick, crypto head at Standard Chartered, suggests that one favorable week would suffice for bitcoin to never fall below $100,000 again. In a note released this Monday, October 27, he states that if current macroeconomic and geopolitical dynamics hold, the six-figure threshold could become a new durable floor for the market. This projection, if confirmed, would redefine the benchmarks of the entire industry.

L’article Bitcoin May Never Fall Below $100K Again est apparu en premier sur Cointribune.

5d ago
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