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Analyst’s Ideal Scenario For Bitcoin Price Bottom Before $130,000

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Summary
Nutrition label

60% Informative

Bitcoin (BTC) has been on a downtrend since February 21 , dropping 23% in less than 18 days .

Analyst RektProof expects Bitcoin to form a bottom in the high-time frame demand zone, ranging from $ 73,000 to $ 65,000 .

Analysts forecast two potential price targets: a short-term rally to around $95,000 and a long-term target of $ 130K.

CNO sends a warning signal for eager bulls, indicating that there might be another flush to the downside before Bitcoin price reenters the $ 85,000 range.

VR Score

35

Informative language

19

Neutral language

66

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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