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    Bitcoin Price Forecast: Short term correction looks likely after hitting new all time high above $82,000

    Author AvatarBy George Brooks No Comments 14 Mins Read

    Bitcoin price today: $82,000

    • Bitcoin price reaches a new all-time high of $82,471 on Monday, following a rally of almost 17% the previous week.
    • US spot Bitcoin ETFs experienced inflows of $1.61 billion last week following Trump’s victory and the Fed interest-rate cut.
    • Historically, Bitcoin has delivered strong returns for traders in November, with an average gain of 44.24%, marking the highest monthly average of the year.
    • The technical outlook on the weekly chart suggests a bullish rally ahead, while the daily chart indicates a potential short-term pullback.

    Bitcoin (BTC) trades around $82,000 on Monday, having reached a

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    He is an experienced financial journalist with a focus on Forex and cryptocurrency markets. With over two decades of expertise, he delivers in-depth analysis and real-time market updates, providing traders and investors with the knowledge they need to navigate the ever-changing financial landscape. His insightful articles and reports are trusted by professionals and enthusiasts alike.

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