Analyst: US holiday season before the end of the year may push BTC to rise to the range of 110,000 to 120,000 US dollars

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Matt Mena, research strategist of 21Shares’ Crypto Assets, pointed out that the next key support level below $90,000 is $87,000. Standard Chartered Bank expects BTC to rebound after falling to this level. Matt Mena predicts that BTC will rebound before the end of the year, as the US holiday season may push BTC to the range of $110,000 to $120,000. “During holiday gatherings, investors usually share their enthusiasm for BTC and cryptocurrency with their family and friends, discuss their gains and losses… This can stimulate curiosity and interest, and attract new investors to this field. We have seen this happen many times in the past few years.” (businessinsider)

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