Bitcoin reaches a record level of over $ 113,000-forecasts indicate $ 120,000 until tomorrow after Trump's crypto support
Bitcoin reaches a record level of over $ 113,000-forecasts indicate $ 120,000 until tomorrow after Trump's crypto support
Bitcoin price forecast: BTC exceeds 113,000 $ 120,000
The Bitcoin Prize has reached over 113,000 USD historical highs with a remarkable increase and seems to be on the way to exceeding the brand of USD 120,000 until tomorrow. This sudden increase is driven partly by the support of political leaders, in particular by the recent advocacy of the cryptocurrency by the former US President Donald Trump.
The increasing demand for Bitcoin could be reinforced by Trump's public statements and his positive attitude towards cryptocurrency. Such political advice could strengthen confidence in Bitcoin and thus lead to an increase in the commercial volume and the price.
Analysts and investors observe the developments exactly because the predictions for the Bitcoin price indicate a potential for further increase. The 120,000 USD mark is considered a psychological point of resistance by many, and if this is exceeded, this could lead to another rally.
In the coming days, it will be crucial to observe the market reactions and the global mood in terms of Bitcoin and cryptocurrencies. The interest in digital currencies is growing and makes Bitcoin an exciting topic for investors and analysts alike.
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