Bitcoin ‘Wave 3’ expansion targets $200K as sell-side pressure fades: Analyst

Analysts believe Bitcoin could be starting its Wave III expansion, and if it plays out according to previous instances, BTC could reach the $200,000 to $240,000 range.

Key takeaways:

Bitcoin’s Wave III expansion could drive prices toward $200,000 to $240,000.

The long-term structure remains bullish despite flat futures market activity in Q4.

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