Bitcoin analysts say this must happen for BTC price to ‘continue rising’

Bitcoin analysts say this must happen for BTC price to ‘continue rising’

4.82%BTC$71,165 0.75%XLM$0.154 5.46%TRX$0.3177 0.04%XMR$331.43 2.79%DOGE$0.0917 2.78%BCH$441.10 1.02%ADA$0.2507 2.85%BNB$602.64 1.71%ETH$2,180 3.11%SOL$82.16 2.76%HYPE$38.87 1.04%XRP$1.32 3.71%USD Written by Nancy Lubale,Staff WriterReviewed by Allen Scott,Staff EditorBitcoin analysts say this must happen for BTC price to ‘continue rising’1 hour agoBitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery. Bitcoin’s (BTC) relief rally to $72,000 appears to be cooling off, but analysts said that the BTC price may “continue rising” in the short term. Bitcoin must flip the short-term holder realized price at $80,000 into support to confirm the trend change. Spot volume and trading activity must recover to ensure a sustained breakout in BTC price. Bitcoin’s 8% climb over the last three days to $72,000 saw it reclaim key levels

Source: https://cointelegraph.com/news/bitcoin-analysts-say-this-must-happen-for-btc-price-to-continue-rising?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound