Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align

Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead. Bitcoin Bulls In Charge: Analyst Targets $85,000 Taking to X, one analyst believes the world’s most… Continue reading Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align

Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in… Continue reading Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form