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 Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst Cointelegraph 27 Sep 2024

Bitcoin at ‘pivotal juncture,’ $60K not out of the picture — Analyst 📈

Crypto analysts suggest that Bitcoin is currently at a ‘pivotal juncture,’ with potential bullish momentum if it achieves a daily close above $65,000.

These analysts assert that reaching this milestone would be a strong indicator of continued upward movement in Bitcoin's price. However, they also caution that a reversal cannot be entirely ruled out, highlighting the inherent volatility in cryptocurrency markets.

This analysis underscores the critical price points and market sentiment surrounding Bitcoin as it fluctuates near key resistance levels.

Source: cointelegraph.com ↗

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