Bitcoin (BTC) recently surged past $90,000, hitting record highs, largely due to positive crypto sentiment following the U.S. election of a pro-Bitcoin president and recent Federal Reserve policies. However, analysts note signs of an overbought market, with potential corrections of up to 15% likely before year-end. Despite this, the broader trend remains bullish, with forecasts suggesting BTC could break the $100,000 barrier by December if demand remains strong.
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Bitcoin (BTC) recently surged past $90,000, hitting record highs, largely due to positive crypto sentiment following the U.S. election of a pro-Bitcoin president and recent Federal Reserve policies. However, analysts note signs of an overbought market, with potential corrections of up to 15% likely before year-end. Despite this, the broader trend remains bullish, with forecasts suggesting BTC could break the $100,000 barrier by December if demand remains strong.
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