Bitcoin’s potential to reach $110,000 is still a possibility, according to analysts. However, they are warning of a potential dip below $40,000 before this milestone can be reached. This fluctuation in price is something investors should keep in mind as they navigate the volatile cryptocurrency market. While the $110,000 setup is still on the table, it’s important to stay cautious and be prepared for any potential dips in value. It’s always important to stay informed and make strategic decisions when it comes to investing in Bitcoin.
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