CandleFocus Crypto Analyst Issues Bitcoin Alert, Outlines ‘Must-Hold’ BTC Level Necessary To Keep Bull Dreams Alive
2024-11-02
Author: Content Editor
Crypto analyst Credible Crypto is warning that Bitcoin could drop to $65,000 in the near term, which could signal a bearish market trend. He believes that Bitcoin needs to bounce back between $65,000 and $70,000 to maintain bullish momentum. However, if Bitcoin can hold $65,000 as support, it could eventually move up to the $74,000 level. Credible Crypto also notes that Bitcoin's break above $71,000 did not exhibit the characteristics of a strong market trend. As of now, Bitcoin is trading at around $69,708.
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