Bitcoin (BTC) Targets $69K But 15% Correction Concerns Loom (Analysis)

Bitcoin (BTC) Targets $69K But 15% Correction Concerns Loom (Analysis)

Bitcoin surged past the $61,000 mark on Wednesday and even briefly tapped $64,000, marking a significant milestone not witnessed in over two years. Over the past month alone, the leading crypto asset has recorded gains exceeding 45%, propelling the total market value above $2 trillion for the first time across the same period.
Driving this remarkable climb are several factors, including sustained inflows into newly established spot ETFs and anticipation surrounding April’s halving event. Nevertheless, investors appear to be bracing themselves for the potential turbulence ahead, navigating the volatile terrain with cautious optimism.
A Correction Ahead?
Daniel Yan, co-founder of Matrixport, urged caution amidst this bullish fervor. In the latest update, the exec highlighted the chances for a substantial correction. Yan suggests a prudent approach, advising investors to revisit his warnings regarding the magnitude of potential corrections, predicting a healthy retracement of approximat

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We współpracy z: https://cryptopotato.com/bitcoin-btc-targets-69k-but-15-correction-concerns-loom-analysis/

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