Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target

Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target
фото показано с : cointelegraph.com

2021-11-7 23:53

BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000.

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The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months

Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months.   Despite surpassing its previous high and reaching a record all-time high (ATH) of $73,700 in March, BTC experienced a 20% price correction to around $56,500 at the beginning of May.

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