• bitcoinBitcoin (BTC) $ 101,876.00
  • ethereumEthereum (ETH) $ 3,425.36
  • tetherTether (USDT) $ 0.999826
  • xrpXRP (XRP) $ 2.40
  • bnbBNB (BNB) $ 955.46
  • solanaWrapped SOL (SOL) $ 153.63
  • usd-coinUSDC (USDC) $ 0.999704
  • staked-etherLido Staked Ether (STETH) $ 3,421.42
  • tronTRON (TRX) $ 0.294925
  • dogecoinDogecoin (DOGE) $ 0.171017

“Bitcoin Price Analysis: Potential Rally to $150,000 Ahead in Q4 as Market Data Points to Positive Outlook”

Bitcoin’s price is consolidating near $123,000 after a leverage reset, indicating a potential new value zone and setting the stage for a possible rally towards $150,000 in Q4. Bitcoin is trading between $120,000 and $125,000, with buyer interest evident at the $120,000 level. Market data and on-chain metrics suggest a positive outlook, with analysts predicting a potential 15% to 25% increase towards $140,000 to $150,000 by the end of the year based on the MVRV ratio. Analysts remain optimistic about Bitcoin’s trajectory, with a more bullish scenario suggesting a climb to $170,000 to $200,000. Traders are advised to conduct their research before making any investment decisions.

[Original Post]

Generated by DMK News Bot

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