Where Is Bitcoin Price Headed as BTC $1K+ Wallet and Long-Term Holders Reach New All-Time High?

Coinspeaker
Where Is Bitcoin Price Headed as BTC $1K+ Wallet and Long-Term Holders Reach New All-Time High?
The price of Bitcoin has broken through the $35k resistance for the third time since the start of November. It shattered the long-term consolidation range between $25k and $31k on October 22. Although the price has been on the rise since then, the overall signals have been mixed, with some analysts expecting retracements and others anticipating a continued upward trend.
When BTC experienced the breakout from the $25k to $31k sideways consolidation that began in March, the price closed at $33k, leading many to believe it marked the beginning of the long-awaited bull run. The price continued its ascent and almost reached $36k the following week, but the entire move was rejected, causing the price to close at $35k at the end of the week. This closure at $35k also marks the first time BTC has closed around that price since April 2022. The new yearly high has been met with optimism am

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