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Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-price-falls-after-bidens-missile-decision" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Price Falls After Biden’s Missile Decision</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/remarkable-achievement-in-bitcoin-mining-solo-miner-strikes-gold" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/twitter-removes-bitcoin-hashtag" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) has faced a downturn following President Biden’s decision to deploy long-range missiles in Ukraine. While previous expectations pointed towards a resolution to the ongoing conflict during Trump’s presidency, Biden’s recent actions have sparked fresh tensions with Moscow. Market commentary reflects a mix of apprehension and optimism regarding this geopolitical shift.</p>
<h2 style="text-align: justify" id="what-are-bitcoin-s-price-projections">What Are Bitcoin’s Price Projections?</h2>
<p style="text-align: justify"><strong>Bitcoin</strong> continues to strive for new highs, yet it may encounter price corrections along the way. A constant upward price trajectory would simplify profit-taking in cryptocurrencies. Notably, Bitcoin’s current valuation stands around $90,000, a stark contrast to its low of $15,500 two years ago. Did this price surge benefit all investors?</p>
<p style="text-align: justify">Unfortunately, many investors lost out during this period, selling their assets at a loss. Young Ju, the CEO of CryptoQuant, provided insights into the market’s outlook, stating, “We are in a bull market. Bitcoin will rise. I apologize for my incorrect prediction regarding a short-term correction. I did not imply a bear market, just a correction. Based on the cumulative capital flowing into the Bitcoin market, the current upper limit appears to be $135,000.”</p>
<h2 style="text-align: justify" id="can-other-cryptocurrencies-follow-btc-s-path">Can Other Cryptocurrencies Follow BTC’s Path?</h2>
<p style="text-align: justify">Carl’s analysis suggests that <strong><a href="https://en.coin-turk.com/dogecoin-faces-challenges-in-maintaining-price-gains/" data-wpel-link="internal" rel="noopener noreferrer nofollow" target="_blank">DOGE</a></strong> is on the verge of breaking free from a descending wedge, with potential price targets ranging from $0.44 to $0.7 if it consistently closes above $0.367.</p>
<ul>
 <li>Bitcoin may peak at around $135,000 by 2025.</li>
 <li><a href="https://en.bitcoinhaber.net/whale-stirs-dogecoin-market-with-giant-transfer" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a> shows signs of recovery with targets above $0.44.</li>
 <li>SOL has surpassed significant resistance levels and is nearing its all-time high.</li>
</ul>
<p style="text-align: justify">As the cryptocurrency market navigates these recent challenges, the overall sentiment remains cautiously optimistic, underscored by critical technical developments in Bitcoin and other altcoins.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bitcoin-price-falls-after-bidens-missile-decision" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Price Falls After Biden’s Missile Decision</a></h5>

Bitcoin Price Falls After Biden’s Missile Decision

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