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Bitcoin taps $111.3K as forecast says 10% dip ‘worst case scenario’
Bitcoin returned above $111,000 into Sunday’s weekly close as analysis saw “promising” recovery signs. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining around 1% on the day to hit local highs of $111,369. The pair’s latest dip, which followed US macroeconomic data, saw bulls preserve $110,000 support. “This is actually promising on $BTC,” crypto trader, analyst and entrepreneur Michaël van de Poppe responded on X. Market participants continued to hold diverging views over short-term BTC price action. Popular trader Cipher X suggested that $112,000 could spark new lows should ... (full story)
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