Bitcoin’s price has slipped by 11%, settling at 111,000 USD, leading to over 642.4 million USD in long positions being liquidated. Analysts are eyeing a short-term target of 108,000 USD, with warnings of a potential drop to as low as 95,000 USD.
Despite the downturn, some analysts maintain an optimistic outlook for Bitcoin’s future. The CEO of MN Capital sees the recent dip below 112,000 USD as an opportunity for traders, with potential future targets reaching as high as 350,000 USD.
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