Investors are eagerly anticipating Bitcoin's ascent beyond

Bullish

Investors are eagerly anticipating Bitcoin's ascent beyond $40,000 as the cryptocurrency approaches the $38,000 mark.$BTC #BTC #bitcoinupdates #BitcoinBullRun:

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Not-so-good news for the Bitcoin price. Bitcoin looks very bearish as the market has lacked the momentum needed to push upward. As the year comes to an end, the price could drop to around $83,000 or lower if demand doesn’t pick up soon.

When BTC hovered near $110k, the Choppiness Index hinted at momentum. Price moved downward, suggesting a chopsolidation phase may be needed before Bitcoin’s next major move.

Michael Saylor predicts Bitcoin will reach $13 million by 2045, expecting 30% annual growth due to its scarcity and superiority over fiat currencies.

If Bitcoin hits $96,000, over $4.5 billion worth of short positions would be wiped out through liquidations.

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Investors are eagerly anticipating Bitcoin's ascent beyond $40,000 as the cryptocurrency approaches the $38,000 mark.