CandleFocus Experienced Analyst Announces Level That Could Start Bullishness in Bitcoin, Warns Against Short-Term Decline!
2024-09-10
Author: Content Editor
Last week, weak non-farm payrolls data caused a decline in Bitcoin and altcoins, but the subsequent recovery took the price above $57,000. Analyst Valentin Fournier stated that if Bitcoin breaks above the $59,750 resistance level, a sustained uptrend could begin, with two important factors being Donald Trump's debate performance and upcoming inflation data. However, there is still potential for market volatility and price declines, especially with the Federal Reserve's interest rate decision approaching. Bitcoin is currently trading at $56,690.
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