TechFlow news, November 13 — According to Jinshi Data, UK-based research firm Zaye said bitcoin has pulled back from its record high reached on Tuesday, but this pullback could be temporary. In a report, Zaye's Chief Investment Officer Naeem Aslam stated the correction may be seen as "highly bullish" for bitcoin, as many investors could use this dip to buy. "The $100,000 price target is receiving significant attention, and we do believe prices could reach that level before the presidential inauguration," he said. Expectations of a more crypto-friendly policy under the Trump administration have recently boosted bitcoin and other cryptocurrencies.
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