Bitcoin (BTC) is currently fluctuating between $94,000 and $96,000, but on-chain signals indicate that this cryptocurrency is about to experience a major breakout. Data from the blockchain analysis platform CryptoQuant suggests that BTC could see a strong and significant increase in the next one to two months. 📈
According to a report by the anonymous digital asset analyst Crypto Dan, a signal that typically appears only once or twice in each bull market has emerged. This signal, known as the "golden cross" of the SOPR index, indicates that BTC could surge as it approaches the final stage of this cycle.
Market experts have identified $90,000 and $95,000 as key support levels for BTC. If BTC maintains above these levels, the likelihood of rising to $100,000 will be higher. Conversely, if it drops below $90,000, BTC could slide down to the $80,000 range. 💡