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Why $58,400 is Crucial for Bitcoin and How It Could Pave the Way to $100,000 Coinpedia 02 sept. 2024

Why $58,400 is Crucial for Bitcoin and How It Could Pave the Way to $100,000 📈

Rekt Capital Bitcoin

Popular analyst Rekt Capital discussed Bitcoin's market position amid the current correction. He emphasized that Bitcoin needs to close its weekly candles above the $58,400 mark to maintain its bullish position. This level is crucial for Bitcoin's potential path to reach the $100,000 milestone.

He suggested that a successful retest at this price point could pave the way for further bullish momentum. The analysis video underscores the strategic importance of the $58,400 level in Bitcoin's market trajectory.

Sursă: coinpedia.org ↗

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