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CoinGape

Could Bitcoin Price Hit $250K in the Final Days of 2024?

CoinGape
Summary
Nutrition label

59% Informative

Bitcoin (BTC) price has crashed 15% from its ATH of $ 108,421.80 , can it hit $ 250 K before 2024 ends? Bitcoin is likely to rebound soon, with a potential target of $ 100 K and a possible rally to $ 115,881 or higher.

A breakdown of $ 90.9 K could trigger an 11% correction to $ 81.1 K, increasing the odds of a bear market.

VR Score

39

Informative language

25

Neutral language

39

Article tone

formal

Language

English

Language complexity

19

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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