Bitcoin (BTC) Bull Market Is Far From Over, Galaxy Says

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The bitcoin bull market has legs for a number of reasons, including increasing corporate and institutional adoption, Galaxy Research said.

The world's largest cryptocurrency is expected to make a renewed attempt to breakthrough the $100K level in the near term, the report said.Galaxy said the world's largest cryptocurrency is expected to retest the $100K level in the near term.

Increasing institutional and corporate adoption, the potential for the creation of bitcoin nation-state reserves, and a new pro-crypto U.S. administration all point to a move higher in the near and medium term, the report said.

 

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