**Bitcoin: Ready to Soar High Again? 🚀**
- This week, Bitcoin (BTC) experienced a free fall below $75,000 due to the escalating trade war in the US. But, don't worry! President Trump came like a hero by freezing new tariffs for 90 days. The result? BTC immediately surged to $83,000 before dipping slightly to $81,800.
- Renowned analyst, Ali Martinez, believes that BTC could break through $86,900, so get ready to see a new price at $208,550! With the Mayer Multiple indicator, strong support is around $69,500.
- Merlijn The Trader is also optimistic, predicting that BTC could soar above $100,000 thanks to a falling wedge pattern.
- Data from CryptoQuant shows negative netflow for BTC, meaning people prefer to hold it themselves rather than keeping it on exchanges. But, be careful! Inflow to Binance is rising, possibly because investors are cautious while waiting for the US CPI report.
What do you think? Is BTC ready to fly to the moon? 💬 Comment below!
- This week, Bitcoin (BTC) experienced a free fall below $75,000 due to the escalating trade war in the US. But, don't worry! President Trump came like a hero by freezing new tariffs for 90 days. The result? BTC immediately surged to $83,000 before dipping slightly to $81,800.
- Renowned analyst, Ali Martinez, believes that BTC could break through $86,900, so get ready to see a new price at $208,550! With the Mayer Multiple indicator, strong support is around $69,500.
- Merlijn The Trader is also optimistic, predicting that BTC could soar above $100,000 thanks to a falling wedge pattern.
- Data from CryptoQuant shows negative netflow for BTC, meaning people prefer to hold it themselves rather than keeping it on exchanges. But, be careful! Inflow to Binance is rising, possibly because investors are cautious while waiting for the US CPI report.
What do you think? Is BTC ready to fly to the moon? 💬 Comment below!