Bitcoin recently experienced a 15% flash crash, causing a ‘spinning top’ candle on the price chart. This candle formation typically indicates indecision in the market. Despite the volatility, analysts are optimistic about Bitcoin’s future price movement, with a target of $115,000 in sight. The recent dip in price has not deterred investors, who remain bullish on the cryptocurrency. The market is expected to remain volatile in the short term, but many believe that Bitcoin’s long-term growth potential remains strong.
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