Source: Seeking Alpha
News Agency
General
Medium Importance
Bitcoin Breaks Out: Why $108,000 Is Now In Play. Eyeing BTC & IBIT
Grayscale Bitcoin Mini Trust ETF (BTC) and bitcoin retain a buy rating, supported by a 45% Q3 surge and robust technical signals. BTC's bullish cup and handle breakout, rising 200DMA, and golden cross pattern support a year-end bitcoin price target of $108,000. Recent $593 million net inflow into US spot bitcoin ETFs and strong Q4 seasonality bolster the bullish outlook.
Source: Seeking Alpha
Visit Source