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Bitcoin Price Prediction as BTC Holds Strongly Above $16,000 – Time to Buy?

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As the market celebrates Thanksgiving, Bitcoin trades sideways on November 25, maintaining a narrow range of $16,350 to $16,700.The crypto market sentiment remains "risk-off" due to FTX-driven fear, uncertainty, and doubt (FUD).

The failure of FTX, one of the largest cryptocurrency exchanges, stunned the entire industry. Following the devastation, the largest cryptocurrency exchange by volume is leading the charge to rebuild infrastructure.

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