Bitcoin is trading within a stable range, with analysts identifying $130,000 as a potential profit-taking zone for short-term holders. This target, marked by the +1 standard deviation, is seen as a key psychological level that could trigger profit-taking activity. Long-term investors interpret Bitcoin's ability to maintain this range as a bullish signal, suggesting market maturity and predictability.
Bitcoin's Price Target Set at $130,000 Amid Stable Trading Range
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