Bitcoin traders predict ‘strong run-up’ as classic chart targets $113K

Market Intelligence Analysis

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Why This Matters

Bitcoin traders are predicting a potential 'strong run-up' to $113K, with a technical setup projecting 18% gains ahead, as long as Bitcoin achieves a daily close above $98,000.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The recovery may continue as long as Bitcoin achieves a daily close above $98,000, with the technical setup projecting 18% gains ahead.

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Original article published by Unknown on January 16, 2026.
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