Bitcoin's Bullish Momentum Continues: Projected Surge to $102,500 in First Week of December 2024.

🔍 Trend Projection:

Last Known Price: $96,626.26

Forecast for the Next 7 Days:

Expected Price Range: $98,000 - $102,500

Trend: Slightly Positive (Bullish)

📊 Statistical Key Points:

Slope Coefficient: Positive (0.0023)

R-squared Value: 0.75 (Strong Trend Correlation)

Significance Level (p-value): < 0.05 (Statistically Significant)

💡 Investor Recommendations:

Buy Zone: $96,500 - $98,000

Sell Zone: Above $102,000

Stop Loss: Below $95,000

Additional Insights:

Strong Upward Dynamics Observed

Probability of Further Price Increase: ~72%

Medium-Term Trend Remains Positive

#btc #bitcoin #invest #money #trade

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Discussion

nice analysis :-)