Bitcoin Surpasses $104,000 Amid Market Rebound
- Bitcoin’s price rebounded from a local low of $74,000 in mid-April.
- The cryptocurrency reached a high of $104,300 last week.
- Market analysis indicates a potential correction to $86,000–$89,000.
- A short-term target of $106,000 is expected before the correction.
- Current trading price is $102,810 with a daily volume of $62.23 billion.
After reaching a peak of $104,300, Bitcoin is projected to undergo a market correction potentially lowering prices to between $86,000 and $89,000. However, analysts anticipate an interim rise to around $106,000 before this adjustment occurs.
Source (2.6)https://www.newsbtc.com/news/bitcoin/is-bitcoin-headed-for-a-new-ath-after-104000-triumph-what-this-market-expert-thinks/?rand=52377
