Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce?
Key points:
Bitcoin has turned up sharply from the $60,000 level, opening the door for a retest of the breakdown level at $74,508.
Several major altcoins have started a relief rally, which is expected to face selling at the moving averages.
The post Bitcoin Price Prediction: BTC Eyes Big Rally To $94K After Forming Potential Bottom appeared first...
DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.
Privacy Policy Terms and Conditions