Bitcoin Bull Run Faces Uncertainty Amid Key Price Levels
- Bitcoin is down over 22% from its all-time high.
- Analyst @ChartingGuy highlights $95,000 as a crucial level for bullish momentum.
- The 0.618 Fibonacci retracement is identified as a significant test for Bitcoin’s strength.
- @wauwda notes bearish indicators for both Bitcoin and the S&P 500, including RSI and MACD crosses.
- Current Bitcoin price stands at $84,206.
Bitcoin’s potential for a bull run hinges on reclaiming the $95,000 level, according to analyst @ChartingGuy. Meanwhile, @wauwda observes bearish signals in both crypto and equity markets, suggesting caution ahead. At present, Bitcoin trades at $84,206.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-bull-run-over-watch-this-key-price/?rand=52377
