Bitcoin has entered an accumulation phase, indicating a promising opportunity for investors. Analysts foresee a potential surge in price to 130,000 USD by Q1 2025. This phase follows historical patterns where accumulation often leads to significant price increases, warranting investor interest.
Despite recent corrections pushing Bitcoin’s price under 94,000 USD, increased buying pressure suggests a rebound is possible. The current market capitalization is over 1.84 trillion USD. Observers note reduced net deposits on exchanges, reflecting investor focus on buying, not liquidating.
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