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‘gigantic price increase’ for BTC

After falling from above $47,000 to below $34,000 in the first three weeks of the year, the price of BTC has since rebounded back above $37,000. The broader crypto market has followed a similar price trajectory, with Ethereum , Binance Coin , Solana and Dogecoin all experiencing heavy losses at the start of the month before bouncing back in recent days. Bitcoin exchange reserves are also falling, suggesting a potential supply squeeze that could force the price up in the short term. Do you think that BTC is likely to shoot ?

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