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Bitcoin Could Reach $130,000 in Current Bull Market, Says Analyst Filbfilb

Longtime trader and analyst Filbfilb predicts that if Bitcoin (BTC) reaches $130,000, it would be a great result for the current bull market. He believes that BTC price action may lead the market upwards and that the incoming US government administration under President-elect Donald Trump could offer a short-term market impulse. However, any talk of trade wars could strike a punishing blow to the risk-asset bull run. Filbfilb warns that US policy will dictate the market in one way or another, and there could be a major correction in the markets due to a 'trade war' or tariffs discussion. Investors who have made significant returns are likely to draw in retail investors if BTC surpasses $130,000, potentially leading to new highs in crypto market dominance. While BTC price expectations for 2025 vary, there is a reasonable argument that Bitcoin could reach $180,000 by early 2023. The bull market is being tracked using various indicators, including the market value to realized value (MVRV) Z-score, Predator logarithmic model, Pi cycle top indicator, and Coinbase app ranking. However, readers are advised to conduct their own research before making any investment or trading decisions.

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