Bitcoin (BTC) Soars 9% in a Week: Analyst Thinks Bears May Be Caught Off Guard

Bitcoin (BTC) Soars 9% in a Week: Analyst Thinks Bears May Be Caught Off Guard

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 Bits The primary cryptocurrency has experienced a solid rebound over the past week, reaching a two-month peak before it retraced slightly. Some analysts believe the rally might be just getting started and that the price is poised for more substantial upside in the short term, while others warn that bears still dominate the market and a pullback could be coming next. Several hours ago, BTC soared to just over $76,000, whereas currently it trades at roughly $74,400 (per CoinGecko’s data). This represents a solid 9% increase on a weekly scale and a 15% rise from the local bottom of $65,000 observed towards the end of

Source: https://cryptopotato.com/bitcoin-btc-soars-9-in-a-week-analyst-thinks-bears-may-be-caught-off-guard/