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Title: $87,000 BTC Price Prediction Based on Fundamentals and Market Sentiment
As the cryptocurrency market continues to exhibit unusual behavior, with Bitcoin’s price reaching unprecedented levels, experts are divided on its future trajectory. Some predict a correction, while others believe that the current trend will continue. However, in this article, we’ll explore a different scenario.
The Bitcoin (BTC) price has been trending upwards relentlessly for several months now. With the recent surge to $87,000, it’s essential to consider whether or not this momentum will persist. In fact, some analysts believe that EMA at $87,000 could result from a failure to hold support, while a break above resistance could open up the door for a test of $110,000.
It is essential to track market sentiment and adjust your trading strategies accordingly.
Source: u.today
