CandleFocus ‘Bears’ Last Stand’ – Crypto Analyst Unveils Two Potential Bullish Scenarios for Bitcoin (BTC)
2024-09-23
Author: Content Editor
The article discusses the analysis of two crypto strategists who believe that Bitcoin bears are nearing their breaking point. The analysts state that a weekly close above the $64,000 price level will indicate a bullish break in the market structure and potentially trigger a significant rally. They also suggest that if Bitcoin surpasses this level, it may either experience a strong rally without a pullback or retrace slightly to form a bullish higher-low setup. The article concludes by stating that fellow strategist DonAlt shares a similar view and believes that Bitcoin bears are close to being proven wrong.
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