Bitcoin price rally 'in progress' but upside could be capped at $84K
Burns Brief
Analysts say Bitcoin’s rally has begun, but the upside may be capped at an average spot BTC ETF cost basis near $84,000 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.
Analysts say Bitcoin’s rally has begun, but the upside may be capped at an average spot BTC ETF cost basis near $84,000.
Key Takeaways
- Analysts say Bitcoin’s rally has begun, but the upside may be capped at an average spot BTC ETF cost basis near $84,000