🤩👍🚀 The Bitcoin rate will reach its maximum if it exceeds $67,500.
Analyst Matthew Hyland believes that the Bitcoin price will reach its historical maximum if it overcomes the resistance barrier at $67,500. If we do not immediately break through the barrier at $67,500 , then within a month a reverse pattern will form on the chart (inverted head and shoulders, which we often we see). This structure will be an excellent base for an upward movement,” Hyland wrote. Matthew believes that buyers will not be able to storm the $67,500 barrier on the first try. In this case, the price of Bitcoin will correct and then go up again. As a result, a bullish inverted head and shoulders pattern will appear on the chart, as a result of which the price of the cryptocurrency will break the March record and reach at least $80,000 by the end of May.
At the same time, analyst Willie Wu believes that the upward trend will continue in the Bitcoin market until the asset rate exceeds $59,500, because the line runs along this mark average daily temperature. If there is a flat in the market, then, as noted by a trader under the pseudonym Titan of Crupto, the price of BTC will subsequently rise to an even greater extent due to the long period of accumulation.
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