Recent positive price action has propelled Bitcoin (BTC) above the short-term holders’ realized price of $91,000. This development has prompted some crypto analysts to question whether BTC’s newfound strength is sustainable – or merely a bull trap ahead of a major pullback. Is Bitcoin About To Rally Or Will It Double Top? US President Donald…
View More Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?
In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months. Is The Bitcoin Bottom In? Hyland noted that BTC’s weekly resistance level currently hovers around the $90,500 level. The analyst…
View More Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says