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Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals
Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs.
Key Takeaways:
Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued.
Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.
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