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One analyst said that Bitcoin’s dip to $80,000 marked the bottom and that there is a 91% chance that the current trend reversal will send BTC price back to $118,000.

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One analyst said that Bitcoin’s dip to $80,000 marked the bottom and that there is a 91% chance that the current trend reversal will send BTC price back to $118,000.https://cointelegraph.com/news/bitcoin-data-calls-dollar80k-the-bottom-analysts-say-btc-bulls-are-back?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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One analyst said that Bitcoin’s dip to $80,000 marked the bottom and that there is a 91% chance that the current trend reversal will send BTC price back to $118,000.

More posts

Kevin Hassett, a White House economic adviser, has reportedly emerged as a leader among the Trump administration’s short list to replace Jerome Powell.

Bitcoin fielded new predictions of a short squeeze as price kept up pressure on key resistance at $88,000, while US stocks went higher.

Despite Ether’s drop below $3,000, data suggested that ETH price could see a sustained recovery over the next few weeks, as long as the $2,800 support level held.

Learn how falling inflation influences Bitcoin’s identity, investor sentiment and price patterns while highlighting consistent trends across past macro cycles.