🟡 Bitcoin Faces Tough Road Ahead Despite Short-Term Bounce $BTC $BTC
📉 Current Price: $117,845
Bitcoin ($BTC ), the world's leading cryptocurrency, is showing signs of a potential short-term rise to $120,905 (+0.73%). However, medium- and long-term forecasts are flashing red. Analysts predict a 15.67% drop over the next year, with BTC potentially falling to $99,260.
Even the 3- to 6-month projections are bearish, with a forecasted dip to $105,078 (-10.73%) and $102,373 (-13.03%) respectively.
🔍 Key Insight: Traders should remain cautious and consider reallocating portfolios if BTC fails to hold $110K.
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