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Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch

Crypto analyst Credible Crypto believes that Bitcoin could experience a sudden rally to $68,000 before dropping back down. He suggests that a relief rally is on the horizon for Bitcoin and the altcoin market, but warns that it will likely be short-lived. Credible Crypto predicts that after reaching $68,000, Bitcoin will continue its bearish price action, falling to fresh lows below $48,000. The analyst also notes that Ethereum's order book supports his call for a market bounce, as buy orders are stacking up to prevent the price from decreasing further. However, he emphasizes that this relief is temporary and part of a larger correction to the downside.

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