
Bitcoin Dominance Hits 3-Year High on ETF Demand; Price Targets at $91k and $650k; Bullish Market Outlook
Bitcoin's dominance in the crypto sector has reached a three-year high, driven by strong demand for US exchange-traded funds holding the largest digital asset amid a challenging period for smaller tokens. New Bitcoin ETFs have price targets of $91k at the bear market bottom and $650k at the bull market top, with expectations that Bitcoin will surpass gold market cap when ETF investors fully deploy. Stock futures suggest a positive week ahead for cryptocurrencies like Bitcoin and Ethereum. Bitcoin's price has rebounded to $64,000 after a recent market crash, which saw the leading cryptocurrency drop below $61,000 due to tensions in the Middle East. Analysts view the current market conditions as bullish for Bitcoin, emphasizing the market's improved health following a correction.
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Alex KrügerHope you can understand how bullish this $BTC chart is. The only thing that has changed is the market is now much healthier after a proper cleansing. Everyone is now talking about what an obvious top it was. That is nonsense. Hindsight bias. The market was hot. But the market… https://t.co/jWv2Tu98lq
Alex KrügerHope you can understand how bullish this $BTC chart is. The only thing that has changed is the market is now much healthier after a proper cleansing. Everyone is now talking about what an obvious top it was. That is nonsense. The market was hot. But the market had been red hot… https://t.co/kstDyr9y7C
Quinten | 048.ethDo not get shaken out #Bitcoin $BTC https://t.co/5absDgJB75
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