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Bitcoin Price Prediction: Will $BTC Reclaim $50000 in Coming Week?

source-logo  coingape.com 11 February 2024 20:54, UTC
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Bitcoin Price Prediction: The leading cryptocurrency Bitcoin entered February 2024 in a silent and stagnant price behavior reflecting uncertainty among traders. However, with the increasing inflow in Spot Bitcoin ETFs the underlying asset witnessed a surge in demand pressure and surpassed the $48000 mark for the first time since the launch. This uptick created a ripple effect in the altcoin market triggering a renewed recovery of major cryptocurrency. Will buyers have sufficient momentum to surpass $50000?

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