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Ivan Liljeqvist forecasts that Bitcoin could reach $100,000, citing a higher low formation, a touch of the 200-week moving average, and the likelihood of a local higher low. Liljeqvist expresses optimism about Bitcoin's price trend in his recent assessment.
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Liljeqvist recently described a 15 percent decline in Bitcoin as a typical bull market pullback, saying bears should not celebrate the move (link). He has previously expressed a bullish outlook on Bitcoin and emphasized a preference for following the market trend (link). His ongoing commentary has focused on identifying simple signals in Bitcoin’s price movement.