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Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Cointelegraph.com NewsKey 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.Positive funding rates point to a potential long squeeze to $90,500.Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53.61%. Since the… 

​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.Positive funding rates point to a potential long squeeze to $90,500.Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53.61%. Since the… 

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