๐ Bitcoin's back on track, folks! After a brief dip to $54K, it's now hovering around $57K. Analysts are predicting a potential bull run to a whopping $123K. ๐
- The "cup and handle" pattern on BTC's chart is giving us hope. This pattern often signals a bullish moment.
- Analyst Mikybull Crypto reminds us that BTC "tends to surprise the masses when it seems all is over."
Key indicators are looking good too:
- Reduced selling pressure as more people move towards self-custody methods.
- A favorable Relative Strength Index (RSI) of 48, indicating the asset is not overbought.
So, what's your take on this? Do you see a bull run in BTC's future? Let's chat in the comments! #Bitcoin #BullRun ๐๐