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Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst

Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could propel its price to its local range high. A market watcher suggests that this week’s performance could set the tone for the rest of the month.

After losing the $106,800 level last week, Bitcoin has been trying to reclaim this crucial area as support. This recently lost level served as a key support for BTC following its rally to a new all-time high (ATH), with its price hovering between $106,800 and $109,700 before the market retracement.

Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst

Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could propel its price to its local range high. A market watcher suggests that this week’s performance could set the tone for the rest of the month.

After losing the $106,800 level last week, Bitcoin has been trying to reclaim this crucial area as support. This recently lost level served as a key support for BTC following its rally to a new all-time high (ATH), with its price hovering between $106,800 and $109,700 before the market retracement.

https://www.newsbtc.com/news/bitcoin/bitcoin-to-face-one-last-speed-bump-before-rally-to-140000-analyst/

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