Bitcoin analysts see ‘further upside,’ and identify next price levels to watch
Burns Brief
Traders say Bitcoin has room to rally higher, but the upside could be capped at BTC’s active supply cost basis near $78,000 Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC $NEAR for reaction — a decisive move above or below key levels will confirm the next trend.
Traders say Bitcoin has room to rally higher, but the upside could be capped at BTC’s active supply cost basis near $78,000.
Key Takeaways
- Traders say Bitcoin has room to rally higher, but the upside could be capped at BTC’s active supply cost basis near $78,000