Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?
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Crypto analyst Rekt Capital suggests Bitcoin may not yet be ready to retest the $65,000 level as new support, comparing it to a May retest. Other analysts predict Bitcoin's potential to ascend past $70,000, with scenarios ranging from a drop to $60,000 to a rise above $73,750. Comments also consider impacts from the US Presidential elections and Ethereum ETFs. Market predictions hint at another local top in early 2024 and a final rally in late 2025, adhering to the 4-year cycle.
Source: www.newsbtc.com ↗
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