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Another wave of Bitcoin growth ‘still likely’ – Russian analyst

Nikolai Dudchenko, an analyst from Finam, suggests a potential rise of Bitcoin to 120,000 USD is possible, despite a recent drop in price. Current trading stands at over 99,000 USD, with significant market fluctuations.

Dudchenko highlighted the approaching inauguration of Donald Trump as a crucial factor affecting Bitcoin’s price, along with U.S. Regulatory statements on cryptocurrency expected to increase market volatility.

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