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$BTC again 96000 ?

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-0.39%

185

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#2024WithBinance Bitcoin is in a Price Discovery Stage This move above $100,000 could also be seen as a technical “sell” signal for some. “This milestone also represents an important psychological level because it is a relevant profit-taking threshold for those who invested five or 10 years ago,” says Ferdinando Ametrano, managing director of CheckSig and a professor of Bitcoin and Blockchain Technology at Milan-Bicocca University. But he adds that market sentiment is likely to remain buoyant: “Bitcoin is in a phase of price discovery above previous all-time highs, uncharted territory that attracts attention and speculation”. Stefano Bargiacchi agrees, saying the $100,000 milestone could give long-term investors the confidence to hold on for further gains. “Rather than an immediate correction, crossing the key level could trigger a new uptrend phase, with the price driven by optimism and price discovery dynamics.” $BTC

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