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Bitcoin is holding strong above $84,500, showing resilience as market sentiment shifts. Strong U.S. job data and growing expectations of interest rate cuts are pushing investors to move away from traditional stocks and toward Bitcoin. Even as big tech stocks struggle, Bitcoin continues to show strength.
Can BTC Break $84.9K? Bulls Target $87K Next
Bitcoin’s short-term outlook looks promising. If the price manages to break above $84,900, analysts say the next key target could be $87,000. So far, buyers are in control, and as long as that holds, the uptrend is expected to continue.
Benjamin Cowen’s Bullish Outlook for Bitcoin
Popular crypto analyst Benjamin Cowen believes that Bitcoin’s biggest move this cycle may still be in the cards. In a bullish scenario, he sees the price potentially hitting $200,000. More realistically, he expects a cycle top between $120,000 and $150,000 — but like
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