goozerin on Nostr: Bitcoin's Bullish Momentum Continues: Projected Surge to $102,500 in First Week of ...

Bitcoin's Bullish Momentum Continues: Projected Surge to $102,500 in First Week of December 2024.


🔍 Trend Projection:
Last Known Price: $96,626.26
Forecast for the Next 7 Days:

Expected Price Range: $98,000 - $102,500
Trend: Slightly Positive (Bullish)

📊 Statistical Key Points:
Slope Coefficient: Positive (0.0023)
R-squared Value: 0.75 (Strong Trend Correlation)
Significance Level (p-value): < 0.05 (Statistically Significant)

💡 Investor Recommendations:
Buy Zone: $96,500 - $98,000
Sell Zone: Above $102,000
Stop Loss: Below $95,000

Additional Insights:

Strong Upward Dynamics Observed
Probability of Further Price Increase: ~72%
Medium-Term Trend Remains Positive

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