{"id":9058,"date":"2025-01-22T12:17:00","date_gmt":"2025-01-22T12:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9058"},"modified":"2025-01-22T12:17:00","modified_gmt":"2025-01-22T12:17:00","slug":"3-reasons-why-bitcoin-could-hit-122000-soon-10x-research","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9058","title":{"rendered":"3 Reasons Why Bitcoin Could Hit $122,000 Soon: 10x Research"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is exhibiting strong bullish momentum, with analysts projecting a potential upside target of $122,000, as macroeconomic conditions and technical <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43104549\/microstrategy-buys-11000-bitcoin-total-holdings-reach-461000-btc\">indicators align favorably<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>According to the latest report by10x Research, the projected price target is based on established trading patterns and reinforced by <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/43001512\/inflation-rises-to-29-in-december-core-slows-yet-rising-energy-costs-put-feds-target-at-risk\">easing inflation concerns<\/a>, <a href=\"https:\/\/www.benzinga.com\/markets\/forex\/25\/01\/43122779\/asia-mixed-europe-up-as-trumps-tariff-plans-sparks-market-caution-gold-hits-11-week-high-global-markets-today-while-us-slept\">milder-than-expected tariffs<\/a> and <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/42995279\/federal-reserve-policy-reversal-buzz-around-2025-rate-hikes-gains-momentum-its-a-paper-barrier-will-break-through-it-quickly-if-the-data-becomes-overwhelming\">dovish commentary<\/a> from the Federal Reserve.<\/p>\n<p>Technical signals also support this upward trend. <\/p>\n<p>Bitcoin recently retested its wedge breakout, suggesting a strong point for an upside push, with rising moving averages reinforcing this. <\/p>\n<p>Analysts are also seeing a correlation between Bitcoin gains, and the Chinese new year, with the optimal entry &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43123173\/3-reasons-why-bitcoin-could-hit-122000-soon-10x-research\" alt=\"3\" reasons why bitcoin could hit soon: research>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is exhibiting strong bullish momentum, with analysts projecting a potential upside target of $122,000, as macroeconomic conditions and technical indicators align favorably. What Happened: According to the latest report by10x Research, the projected price target is based on established trading patterns and reinforced by easing inflation concerns, milder-than-expected tariffs and dovish commentary [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9058","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9058"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9058\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}