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On the latest Crypto Rus show, host George talked about Bitcoin’s recent big wins and said it hit another all-time high today, breaking its record easily. Even though it went up and down a bit, Bitcoin keeps climbing, showing it’s tough even when the market gets shaky.

With Bitcoin’s relentless climb to new highs and the broader market showing signs of strength, investors eagerly await the next phase of the crypto bull run. Looking at the bigger picture, George said Bitcoin’s price today is way higher than just a week ago. It’s now around $73,000, way up from $65,000. This quick rise shows how fast things can change in the crypto world and how you can make big bucks in no time.

What Next For Bitcoin Price?

While regular money stuff like inflation is getting worse, Bitcoin is becoming more popular with big investors who see it as a way to protect their money from losing value. More big money is pouring into Bitcoin, like when big investment companies buy into Bitcoin funds. This makes Bitcoin even more valuable because there’s not much of it around, and everyone wants it.

While discussing Bitcoin’s potential price targets, he referenced various technical indicators and expert analyses, suggesting that Bitcoin could reach $78,000, $83,000, and even $91,000 soon.

“We could see Bitcoin hitting new highs in the coming days, driven by strong fundamentals and growing institutional interest. With institutional inflows and bullish market sentiment, Bitcoin is poised for further gains,” the analyst said.

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Filed under: Bitcoin - @ March 17, 2024 12:19 pm