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Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.
Cutting interest rates will likely have a positive impact on the growth of the bitcoin market. Towards September, the price of bitcoin began to show a recovery reaction where in the last 24 hours the price had risen by almost 6%. Bitcoin is trading at $63,600 as I write, but stronger resistance is still very likely to be broken in the remainder of August.
Bitcoin needs to break the $65k resistance before $70k is broken, but this will definitely take time and patience. The potential for a decline due to Bitcoin's failure to penetrate the resistance area is definitely there, but let's hope the price can stay above $63k today.