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Analyst: Bitcoin May Hit All-Time High Next Week, Target Price at $116,000

2 hours ago

On May 18th, as per the report by Cointelegraph, traders remain optimistic about the overall market and anticipate that Bitcoin will once again strive to reach its all-time high and enter a phase of price discovery. Analyst Alan stated, "At the beginning of this week, Bitcoin's next target price is $116,000. Currently, Bitcoin is in a symmetrical triangle pattern with decreasing volume, which is a common indication of an impending breakout." Trader Daan Crypto Trades said, "With the recent upward trend, we have continuously observed a premium in the Coinbase spot price. This is a positive signal, suggesting strong demand."
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Coinbase CEO's Personal Security Costs Soared to $6.2 Million Last Year

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