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CoinGape 2024-05-06 23:12:53

Bloomberg Analyst Supports Bitcoin Price Prediction of $150,000

Bitcoin (BTC) has demonstrated resilience against traditional assets like gold and the S&P 500 during the first quarter of the year. Analysis of Bitcoin’s ratios to gold and the S&P 500 reveals a pattern of lower highs, suggesting a phase of consolidation following a rapid surge in prices, a typical behavior in bullish markets. Bloomberg The post Bloomberg Analyst Supports Bitcoin Price Prediction of $150,000 appeared first on CoinGape .

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