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Earn futures points and claim airdrop rewards
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Earn interests with idle tokens
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Auto-invest on a regular basis
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Pledge one crypto to borrow another
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
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Bitcoin price analysis: how likely is it that BTC will exceed $100,000 this week?
Description: Bitcoin is currently trying hard to regain momentum as its price action stagnates around the 100-day moving average. The current market structure implies a turning point where a bullish rebound remains a strong possibility, but a breakout could lead to a deeper correction. The likelihood of BTC surpassing $100,000 this week remains uncertain and depends on several factors. On-chain analysis indicates that profit-taking by long-term investors is the main reason for the current consolidation. However, lower profit levels than last summer suggest that selling pressure may ease, providing the necessary impetus for a new stage.