Bitcoin is very strong and could retest 70,000 in 1 week: BRN analyst
Although Bitcoin has risen above 66 thousand dollars in this morning, it has fallen below 65 thousand dollars again, while the uprise expectations continue. BRN's analyst Valentin Fournier, one of the companies providing consultancy services on digital assets, said he expects the $70,000 level to be seen by next week.
Bitcoin managed to stand up strongly from the $53 thousand level it fell at the beginning of the month, and for now, 'will it go below 50 thousand dollars?' Shelved their questions. The biggest cryptocurrency, especially with the increase in Fed interest rate cut expectations, started to wink at 70 thousand dollars again.
'70 thousand dollars can be retested'
Valentin Fournier, analyst at BRN, a consulting firm that conducts market analysis on cryptocurrencies and shapes these analysis according to macro-economic data, told Decrypt that Bitcoin could reach $70,000 by Tuesday next week.
