Bitcoin Needs to Reclaim and Hold $78,000 for a Rally to $90,000, a Fall Could Take it to $74,000
- Bitcoin needs to reclaim and hold $78,000 for a rally to $90,000.
- A fall could take the price of BTC to $74,000.
- The lowest the correction could take BTC is to $71,000.
As a new week begins, crypto traders and analysts look towards the pioneer crypto asset, Bitcoin (BTC) to watch its latest price activity. Over the previous week, the price of BTC has been moving sideways in a slightly low price range, leading experts to show concern. Presently, it is clear that Bitcoin needs to reclaim and hold $78,000 for a rally to $90,000. However, a fall could lead to a small correction to $74,000.
Bitcoin Needs to Reclaim and Hold $78,000 for a Rally to $90,000
The popular and reputed analyst, Doctor Profit, known for his many accurate silver-tongued predictions, also predicted Bitcoin bottom at $54,000. He then went on to accumulate BTC up to the $64,000 price range and declared the end of the bear market. His next call for a pump to the $80,000 price range also came too and now he believes BTC will pump to $88,000 next and can only dip as far as $71,000.
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