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CME gap almost filled , its time to go up
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Price Predictions (This Week) CoinCodex projects a bullish trend, anticipating BTC to reach up to $133,137 by May 30, 2025, marking a potential 23.6% increase from current levels. CoinCodex Binance provides a more conservative estimate, suggesting a modest rise to around $108,111 by May 31, 2025. Coindcx predicts BTC trading between $110,000 and $115,000 this week, with a bullish scenario pushing prices higher if momentum continues. CoinDCX Factors Influencing Bitcoin's Price Several key developments are impacting Bitcoin's market dynamics: Institutional Adoption: Major financial institutions, including JPMorgan Chase, are increasing their involvement in Bitcoin, enhancing its legitimacy and demand. Investopedia Regulatory Environment: The U.S. government's establishment of a Strategic Bitcoin Reserve and President Trump's pro-crypto stance have bolstered investor confidence. Business Insider Technical Indicators: Analysts note patterns such as the "golden cross," where the 50-day moving average crosses above the 200-day moving average, indicating potential continued upward momentum. Investopedia
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