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Showing posts with the label and #cryptotrading.

Bitcoin Envisioned to Reach $80,000 by End of May and $95,000 in June

The Struggle for Bitcoin Continues Bitcoin, the pioneer cryptocurrency, has been facing a tough time since its price crash in May 2021. It has been trying to regain its momentum and break through the $60k resistance level, but has faced several rejections. Many analysts and investors have been closely monitoring Bitcoin's price action, waiting for a definitive move towards a new all-time high. BitQuant's Bold Prediction Influential technical analyst BitQuant has recently made a bold prediction, stating that Bitcoin is only days away from reaching a new all-time high. According to BitQuant, Bitcoin has been consolidating in a symmetrical triangle pattern and is likely to break out towards the upside soon. This could potentially lead to a surge in price, with a target of $80k in the short term. Even Higher Prices in the Near Future But BitQuant doesn't stop at $80k. The analyst believes that there is a good chance Bitcoin will reach even higher prices in the near fut...