The popular analyst explained 4 reasons that will move Bitcoin (BTC) to the 60 thousand dollar band in the near future.
Cryptocurrency analyst nicknamed Stockmoney Lizards, on social media dated February 12 in the post He delivered good news for Bitcoin bulls. First of all, the demand for Bitcoin is particularly after spot ETF Stating that it has increased considerably, the analyst reminded that spot purchases have also become stronger.
While stating that this situation has a critical value to the point of moving the price upwards, 48 thousand dollars The price of rejection at Towards 45 thousand dollars He emphasized that it could push for a correction.
On the other hand, after this short correction, your eyes will open again in April. Bitcoin halving Stockmoney Lizards, who predict that the price will be converted into will accelerate the rise defended.
The next most obvious and difficult to overcome resistance level is the previous peak. 69 thousand dollars He pointed out that if this point is broken, the upward momentum may accelerate.