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Bitcoin may hit $120K on Wednesday: Here is why

Bitcoin’s price strength is supported by centralized exchange withdrawals, spot ETF inflows and BTC’s increasing use as a financial hedge.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin may hit $120K on Wednesday: Here is why

Bitcoin’s price strength is supported by centralized exchange withdrawals, spot ETF inflows and BTC’s increasing use as a financial hedge.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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