Could Bitcoin’s Price Rise Be the Start of a New Bull Run? Market analysts are divided on whether Bitcoin’s recent surge above key resistance levels is the start of a new bull run. While the sudden price jump and the large number of short liquidations could be signs that the market has bottomed out, experts say macro risks remain. Bitcoin Price Faces Tests to Reach $80,000
Bitcoin is attempting to reach the $80,000 level on August 21. However, the market is often illiquid during the weekend, which could pose a major challenge to price stability. Traders need to keep a close eye on the market’s movements in the coming days.
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