CandleFocus Will Bitcoin Surge From Current Levels to a New All-Time High? Analysis Firm Warns
2024-09-29
Author: Content Editor
Crypto analytics firm Santiment has warned that the crypto community's expectations of a new all-time high price record for Bitcoin may need to be lowered for now. The firm notes that historically, markets have often moved in the opposite direction of community expectations. Analysts also mention that the BTC price is currently facing strong resistance, and a healthy move for the continuation of the bull market would be a drop to the $64,000 to $65,000 region. At the time of writing, BTC is trading at $65,827.
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