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Cryptocurrency

10 Oct 2021

BTC hits $56K Showing Bullish Signs and could Surpass $100K end of this Year

The Index Today

According to the data from Cointelegraph Markets Pro, Bitcoin (BTC) returned to beat the week’s four-month highs last Oct. 8, climbing $2,000 in just two hours.


Data from Cointelegraph Markets Pro and TradingView also showed that BTC/USD hitting just over $56,150 on Bitstamp in a fresh show of bullish momentum

If we will be looking at the timeline, the price of Bitcoin then was between $30,000 – $35,000. At the time of writing, the price of Bitcoin is $55,763. More so, it is continuing to show bullish signs. This plays well with multiple analysts’ predicting that of Bitcoin surpassing $100,000 by the end of this year.

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