Bitcoin Rally Could Be a Trap Before Major Collapse, Says Analyst

Bitcoin Rally Could Be a Trap Before Major Collapse, Says Analyst

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin (BTC) entered the week with a fresh decline below $71,000 on Monday, and its next move remains uncertain. But market players expect a final upside push before a major downturn unfolds in the coming weeks. Crypto analyst Doctor Profit believes Bitcoin could see a limited upside move in the near term before entering a broader and more aggressive decline. According to his latest assessment, the probability of Bitcoin climbing toward the $76,000 level is high. While the price could still extend beyond that zone into the $79,000 to $84,000 range, uncertainty remains about how far the current upward momentum

Source: https://cryptopotato.com/bitcoin-rally-could-be-a-trap-before-major-collapse-says-analyst/