Bitcoin’s price remains robust, recently closing over $107,000, reinforcing a bullish outlook amidst favorable market conditions. Analysts anticipate a possible short squeeze, and sentiments align across both BTC whales and retail investors favoring a ‘HODL’ strategy.
The forthcoming FOMC meeting is poised to affect market dynamics, especially with rising oil prices potentially influencing inflation. Recent analyses suggest BTC could surge beyond $200,000 in this bull market, as key price indicators remain optimistic.
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