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Three things Bitcoin must do to hold highs above $76K: Analysts

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Three things Bitcoin must do to hold highs above $76K: Analysts

1.46%TRX$0.3252 0.01%BCH$449.77 1.56%DOGE$0.09771 0.62%XLM$0.1661 3.82%ETH$2,326 1.39%BNB$629.33 0.80%SOL$87.73 2.81%HYPE$43.29 3.57%XMR$344.81 0.59%XRP$1.43 1.71%ADA$0.255 2.27%BTC$74,635 0.33%USD Written by Nancy Lubale,Staff WriterReviewed by Ray Salmond,Staff EditorThree things Bitcoin must do to hold highs above $76K: Analysts1 hour agoAnalysts say reclaiming $76,000, sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs. Bitcoin (BTC) struggles to reclaim price highs above $76,000, but analysts say that the uptrend may continue if key conditions are met. Bitcoin’s 8% climb over the last three days saw it reclaim key levels, including the 50-day exponential moving average (EMA) at $71,000. “$76K is the level that decides everything,” analyst Crypto Patel said in a Wednesday post on X, adding: Relate

Source: https://cointelegraph.com/news/three-things-bitcoin-must-do-to-hold-highs-above-dollar76k-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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