Bitcoin (BTC) has rebounded above $96,000 after a significant correction, with analysts optimistic about crossing the $100,000 mark by year-end. Ethereum (ETH) struggles to maintain levels above $3,500, while Solana (SOL) shows signs of recovery after recent declines. The overall crypto market cap has increased to $3.34 trillion, reflecting a slight upward trend.
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0 posts last weekBitcoin Aims for 100000 After Thanksgiving Rally and Market Gains
Bitcoin has shown resilience, recovering to $96,100 after a brief dip, as experts predict it could reach $100,000 following a Thanksgiving rally. Despite market declines in major indices, Bitcoin’s upward trend continues, supported by strong performances from crypto-related stocks and increasing institutional adoption. Analysts note that Bitcoin is in “uncharted territory” with few historical resistance levels, while support is identified around $74,000, indicating potential for further growth.
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