🚀#Bitcoinmay be seeing "impulsive" gains, analysis warns as markets prepare for key news events.
- Trader Crypto Ed warns that BTC price rise above $67,000 could be "impulsive".
- BTC is up 2% since July 25, but not everyone believes in this short-term strength.
- Crypto Ed predicts there could be a drop to $62k before a rebound.
📊 BTC/USD chart from Crypto Ed shows a long-term price target of around $80,000, after which adjustments are possible.
- Bitcoin 2024 event with the appearance of Donald Trump is expected.
- Rumor has it that Trump may create a strategic reserve in BTC if elected.
📉 Analyst Cole Garner said the BTC order book is still tilted to the downside.
- BTC price target is $63,500, if it drops to this level, the recent bullish signal will be invalidated.
💬 What do you think about this increase in BTC? Comment to share your opinion!#Crypto#BTC #Finance