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Bitcoin

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<ul class="wp-block-list news-points"> 
 <li>Bitcoin’s price stands at $63,632.01, with a minor 0.63% dip, but analysts forecast a potential breakout to $130K.</li> 
 <li>The Crypto Fear &amp; Greed Index is neutral at 55, signaling balanced market sentiment as Bitcoin’s technical indicators remain positive.</li> 
 <li>On-chain data reveals that 88% of Bitcoin holders are in profit, highlighting strong long-term confidence in the cryptocurrency.</li> 
</ul> 
Bitcoin’s price is currently hovering at <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">$63,0000</a> reflecting a 2% dip in the last 24 hours. Despite this minor decline, market analysts predict a potential breakout, setting a price target of $130K.&nbsp; 
With a market capitalization of $1.27 trillion, Bitcoin continues to assert its dominance in the crypto market. Moreover, its market dominance has climbed to 56.27%, underscoring its considerable sway. 
The Crypto Fear &amp; Greed Index currently rests at a neutral 55, suggesting a balanced market sentiment. Trading metrics, however, show mixed signals. While open interest has decreased by 1.47%, futures volume has risen by 2.46%. 
Additionally, <a href="https://www.coinglass.com/" target="_blank" rel="nofollow">a substantial 28.43%</a> drop in 24-hour liquidations points towards reduced market volatility. Consequently, funding rates on major exchanges like Bina…
The post <a href="https://coinedition.com/bitcoins-price-dips-slightly-but-analysts-predict-130k-surge/">Bitcoin’s Price Dips Slightly, but Analysts Predict $130K Surge</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin’s Price Dips Slightly, but Analysts Predict $130K Surge

Coin Edition

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