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Bitcoin News: How High Can BTC Go After Hitting $87000?

By Anna Dovzhenko
Bitcoin News: How High Can BTC Go After Hitting $87000?

This week, Bitcoin pushed past a pair of critical thresholds: its 50-week moving average—currently positioned near $78,320—and its former swing high from May. A chart analyst following the price action noted that this breakout validates a completed five-wave upward sequence originating from the July low, a formation that frequently points to a sustained trend.

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