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Today, the price quotation of Bitcoin on the markets is on the rise. The most interesting thing, however, is that this rise could also continue for a while longer. After a month of pause, in fact, a new bull run could also begin. The quotation of the Bitcoin price in recent weeks Today, Friday, January 17, 2025, the price quotation of Bitcoin on the markets has returned above $100,000.  To tell the truth, this event in itself is not particularly interesting, but the trend of the last few days is.  Everything begins on Monday, when the price of Bitcoin fell for a very brief moment below $90,000. It was the lowest price reached after the update of the all-time highs in mid-December. In fact, from December 20, 2024, until January 12, 2025, it did nothing but move sideways below $100,000, with a brief period above that figure between Monday, January 6, and Tuesday, January 7.  On January 13, however, the support placed more or less around $92,000, which had held for weeks, gave way, and the price ended up falling even below $90,000. At that point, however, within a very few hours, there was a rebound, which brought it back first above $92,000, very quickly, and then also above $94,000.  The quotation of the Bitcoin price today Already the following day, Tuesday, January 14, the price quotation of Bitcoin (BTC) managed to climb back above $96,000, as if to suggest that Monday’s episode should be considered merely a temporary slip. Things started to seem different on Wednesday the 15th, when suddenly the price of Bitcoin returned even above $99,000. Note that this trend appears to be inversely related to that of the dollar, because starting from December 18, the Dollar Index began to rise. However, its run seems to have…

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Filed under: News - @ January 17, 2025 3:28 pm