btc78K
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Bitcoin has surged past the $78,000 mark, reaching $78,045 USDT with a 2.15% gain in the past 24 hours! The crypto market is buzzing as BTC continues its upward trend. Could we see new highs soon? Let’s discuss! 💬📈
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Bitcoin Price Target Rises to $78K Following Chinese Stimulus!📈
Bitcoin is gearing up for a breakout towards $78,000, fueled by technical indicators and #China 's recent economic stimulus package.🇨🇳
On September 24, the People's Bank of China (PBOC) announced a $140 billion liquidity injection by cutting the reserve requirement ratio, aimed at revitalizing its struggling economy.💰
🔍 Analyst Jamie Coutts from Real Vision believes this stimulus will positively impact $BTC , as central bank liquidity typically boosts demand for cryptocurrencies.
👀 Historically, such announcements have led to significant rallies in risk assets like Bitcoin, with prices doubling after past stimulus measures. 🚀
#btc78k #Bitcoin❗ #btc73k #BTCETFSPOT
On September 24, the People's Bank of China (PBOC) announced a $140 billion liquidity injection by cutting the reserve requirement ratio, aimed at revitalizing its struggling economy.💰
🔍 Analyst Jamie Coutts from Real Vision believes this stimulus will positively impact $BTC , as central bank liquidity typically boosts demand for cryptocurrencies.
👀 Historically, such announcements have led to significant rallies in risk assets like Bitcoin, with prices doubling after past stimulus measures. 🚀
#btc78k #Bitcoin❗ #btc73k #BTCETFSPOT
$BTC A new buyer can consider entering at $81.3K or around $78.23K, as these levels may act as strong support. On the upside, $85K and $87K are key resistance levels—if Bitcoin manages to break through them, we could see a surge towards $90K. However, if the price fails to hold above $78K, a further decline towards $76K could be expected.
#btc78K #btc85ksoon
#btc78K #btc85ksoon
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