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BTC

Bitcoin Breaks US$118K with Bullish Momentum Towards US$120K

The recent surge in Bitcoin's price, exceeding 6% to surpass US$118,000, signals strong bullish momentum, with predictions targeting US$120,000. This upward trend continues for the fourth consecutive day, potentially pushing the total market capitalization of cryptocurrencies to US$4 trillion, according to analysts.
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AI Analysis

The significant jump in Bitcoin's price, crossing the US$118,000 mark with a gain of over 6%, demonstrates sustained bullish momentum in the cryptocurrency market. This rally, now in its fourth consec...

AI Recommendation

Given the current bullish momentum in Bitcoin and the positive outlook from analysts, investors holding long positions might consider maintaining or adding to their exposure, provided they manage risk...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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