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January 10, 2025

Bitcoin Price Analysis: Path to 1.5 Million USD Looks Promising

Recent analysis based on Metcalfeโ€™s Law suggests Bitcoin could reach a staggering 1.5 million USD by 2035. Despite a pullback to 92,805 USD and short-term technical support around 91,500 USD, the long-term projection remains bullish. Investors are drawn to Bitcoin’s growing adoption and its potential as a digital asset. Observing these trends, traders should consider both short-term and long-term strategies. The projected valuation showcases Bitcoin’s resilience and potential for substantial growth. Staying informed on market trends is essential for anyone involved in Bitcoin investments.

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