Bitcoin gold copycat move may top $150K as BTC stays 'impressive' 💰
Bitcoin (BTC) aims for a new target of $155,000, inspired by gold's impressive performance, as highlighted by analytics account Cryptollica. The prediction comes despite Bitcoin's current downturn and its lag behind gold's record highs.
Onchain analytics firm Glassnode and Cryptollica see potential for Bitcoin to ascend, despite its recent 9.3% decline, drawing parallels to gold's trajectory. Glassnode noted that both assets have remained resilient amid global economic turmoil.
Glassnode emphasized Bitcoin's robustness during unfavorable conditions, citing historical data and its role alongside gold as a global reserve asset.
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