Bitcoin Projected to Reach $100,000 in 2024, Are You Ready?

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Note: Before entering the analysis, please read carefully, so that there is no misunderstanding.

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According to the previous analysis, if BTC is unable to penetrate and close the price of $57,800, then there is a possibility of a correction. And it turns out that BTC was able to survive and close above the price of $57,800.

Currently, BTC is back in the spotlight with optimistic expert predictions about a significant price spike in 2024.

Although BTC has experienced a sharp decline, analysts believe that this year could be a year of new highs, with Bitcoin's value projected to reach $100,000.

Bitcoin has been in the spotlight throughout this year, especially after the approval of the first crypto ETF in the US in January. In the first three months of 2024, Bitcoin set a new record high by reaching $73,000. However, experts believe that this is not the peak of Bitcoin's performance this year.

Predictions that Bitcoin will reach $100,000 by 2024 continue to emerge as the price recovers from its recent sharp decline.

BTC is currently consolidating in a widening wedge pattern, with a projected upside target of $100,000.

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