Bitcoin reverses strongly, analysts call for the return of the bull market! Is the $70,000 mark just around the corner? "
The market received exciting news on Tuesday. After a long decline in June, Bitcoin finally ushered in a trend reversal! Well-known analysts and traders have spoken out to confirm that Bitcoin has returned to the bull market track. Market giants such as BlackRock CEO have also joined the bullish ranks. Whether Bitcoin can break through the psychological barrier of $70,000 before the end of summer has become a hot topic in the market.
Technical analysis shows that Bitcoin has not only recovered the key 200-day EMA, but also received firm support from long-term holders, and the selling pressure has dropped sharply. Many experts pointed out that once the $60,000 mark is successfully conquered by bulls, $70,000 will no longer be an unattainable dream. Some optimists predict that Bitcoin is expected to rush to $85,000 by the end of September, directly pointing to the $100,000 mark! Strategy Understanding--Research Institute--972331171
As market sentiment picks up, whether Bitcoin can continue this round of upward momentum not only tests investors' confidence, but also indicates the future direction of the cryptocurrency market. Has the bull market really arrived? Let's wait and see!
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