Bitcoin analysts say this level must break for BTC price to confirm bottom

Bitcoin analysts say this level must break for BTC price to confirm bottom

Bitcoin analysts say this level must break for BTC price to confirm bottom

A slowdown in profit-taking and reclaiming $88,000 as support are prerequisites for BTC to confirm cycle bottom.

Bitcoin’s (BTC) relief rally to $82,000 appears to be cooling off, and analysts say key levels must be reclaimed for BTC price to “confirm a durable continuation higher.”

Key takeaways:

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