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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-surges-above-100000-after-market-correction/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Above $100,000 After Market Correction</a><br></p>
<p style="text-align: justify">Bitcoin has surpassed $100,000 again following a market correction at the beginning of the week. A significant de-leverage event in the <a href="https://en.coin-turk.com/bitcoin-analyst-discusses-market-expectations-and-potential-upside/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> markets led to the removal of $1.5 billion from long positions. This situation reflects a market environment lacking spot buyers while leveraged traders expect high prices.</p>
<h2 id="inflation-indices">Inflation Indices</h2>
<p style="text-align: justify">This week, China’s year-on-year Consumer Price Index (CPI) inflation came in significantly lower than expectations at 0.2%. Falling to half of the market’s anticipated 0.4% created a favorable outlook for economic indicators. Similarly, the U.S. reported a positive inflation expectation, with its year-on-year CPI at 2.7%.</p>
<h2 id="bitwise-s-2025-crypto-predictions">Bitwise’s 2025 Crypto Predictions</h2>
<p style="text-align: justify">Global leading cryptocurrency index fund manager Bitwise shared its forecasts for 2025. Among these predictions are expectations for major cryptocurrencies like Bitcoin and Ethereum to reach new record levels, along with <a href="https://en.coin-turk.com/gemini-returns-customer-assets-after-genesis-bankruptcy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Coinbase</a> positioning itself among the most valuable brokerage firms. Additionally, 2025 is anticipated to be a “Crypto IPO Year.”</p>
<h2 id="bitcoin-and-other-altcoin-analyses">Bitcoin and Other Altcoin Analyses</h2>
<p style="text-align: justify">In alignment with Bitcoin’s rise, altcoins such as AAVE and ONDO have also become subjects of technical analysis. Bitcoin is currently in a price discovery phase, with support and resistance levels being defined. Analyses using Fibonacci extensions for AAVE and ONDO have highlighted potential upward and downward scenarios.</p>
<p style="text-align: justify">In the <a href="https://en.coin-turk.com/crypto-market-experiences-significant-movements-after-fed-interest-rate-decision/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> market, AAVE is drawing investors’ attention, while ONDO is similarly being examined through technical indicators. Such analyses assist investors in better understanding market movements.</p>
<p style="text-align: justify">The positive trend of inflation data and Bitcoin’s performance has sparked a general revival in the cryptocurrency markets. While price fluctuations are expected during this period, opportunities for investors may arise.</p>
<p style="text-align: justify">The dynamic nature of cryptocurrency markets requires investors to quickly adapt to market conditions. Strategic movement is crucial, especially during de-leverage events and periods of high volatility.</p>
<p style="text-align: justify">The performance of Bitcoin and other cryptocurrencies is closely linked to global economic indicators. Future predictions and analyses will play a critical role in determining the market’s direction.</p>
<p>The post <a href="https://en.coin-turk.com/bitcoin-surges-above-100000-after-market-correction/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Above $100,000 After Market Correction</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitcoin Surges Above $100,000 After Market Correction

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