CandleFocus Bitcoin Price Analysis: Can Bitcoin Break the $60,000 Barrier Soon?
2024-09-06
Author: Content Editor
Bitcoin's price reached a yearly peak of $73,057 in mid-March but has been slowly declining since then. The market is currently struggling to break above the key level of $60,000. However, analysts like Sachi believe that this consolidation phase is a necessary adjustment period before the next bullish run. Despite the recent lackluster performance, there are reasons for Bitcoin enthusiasts to remain hopeful for a future bullish trend.
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