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30 leading indicators of Bitcoin's price point to a bullish peak of 230,000 dollars.

by William Suberg.

CoinGlass data concludes that Bitcoin investors should "hold 100%" of their portfolios, as the price of BTC still has plenty of room to reach new all-time highs.

Bitcoin price prediction;

Bitcoin fell on Friday to the 50-day simple moving average (USD 103,159), where bulls are trying to stop the decline.

The 20-day exponential moving average (USD 106,097) is stabilizing and the relative strength index (RSI) is near the midpoint, indicating a potential short-term consolidation. Crucial levels to watch are USD 100,000 to the downside and the all-time high of USD 111,980 to the upside.

If the USD 100,000 level gives way, the pair $BTC

BTC/USDT could drop to USD 92,000. Conversely, a breakout and a close above USD 111,980 would indicate the resumption of the bullish trend. The pair could then shoot up to USD 130,000.