Bitcoin To Bounce Back? Analyst Predicts $90,000 After $58K Drop
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Crypto analyst Lark Davis forecasts a significant upswing in Bitcoin's value, aiming for $90,000 by the end of the year. This prediction is supported by growing institutional investment and the impending arrival of Bitcoin ETFs, which could draw in more capital. Davis also has a bullish outlook on altcoins such as Ethereum and Solana. However, technical indicators show potential resistance, with critical levels at $72,000 and short-term obstacles like the $63,956 rejection. If Bitcoin surpasses these hurdles, a Q4 bull run might be possible.
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