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Bitcoin remains resilient above $100,000 despite a recent crash, sparking debate over its next move. Analyst Doctor Profit predicts further gains, citing technical indicators and macroeconomic factors. Will the bull market continue, or is a downturn imminent?
- Bitcoin's Golden Cross formation historically signals major price rallies, with a 10% dip often preceding the next surge.
- Upcoming CPI data could fuel Bitcoin's rise if inflation slows, encouraging risk-taking in markets.
- Negative funding rates indicate heavy short positioning, which may lead to a short squeeze and price rebound.
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