U.Today
Published Dec 19, 2023 04:58AM ET
3 Factors That Should Push Bitcoin (BTC) to $43,000
U.Today - As investors and analysts examine the for clues to the cryptocurrency's next move, several key factors suggest a push toward the $43,000 mark could be imminent.
BTC/USD Chart by TradingView
In light of these factors, Bitcoin's surge to $43,000 seems not only plausible but grounded in a confluence of positive technical, fundamental and sentiment-driven indicators. But while regaining the position is one thing, gaining a foothold above the crucial price level is a completely different story.
This article was originally published on U.Today
Written By: U.Today
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.