Cryptocurrency Q&A Is Bitcoin bullish long term?

Is Bitcoin bullish long term?

Eleonora Eleonora Sat Nov 30 2024 | 6 answers 1710
I'm wondering about the long-term prospects of Bitcoin. Specifically, whether it shows a bullish trend in the long run or not. I'd like to understand if investing in Bitcoin is likely to yield positive returns over an extended period of time. Is Bitcoin bullish long term?

6 answers

AzrilTaufani AzrilTaufani Sun Dec 01 2024
While short-term movements indicate a bearish outlook, long-term technical studies still favor a bullish stance.

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CryptoDynasty CryptoDynasty Sun Dec 01 2024
The current market trend suggests that the upward surge in prices has temporarily subsided.

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Moonshadow Moonshadow Sun Dec 01 2024
Traders and investors should closely monitor the market dynamics to navigate through these volatile conditions.

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JejuSunshineSoulMate JejuSunshineSoulMate Sun Dec 01 2024
Indicators are pointing towards potential losses in the near future.

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Tommaso Tommaso Sun Dec 01 2024
Analysis of intraday charts reveals a support zone ranging from $87,000 to $88,001.

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