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Bitcoin Price Prediction: Potential Move to $85K Ahead as Positive Momentum Builds Up
Bitcoin (BTC) has gone up by 3.3% in the past 24 hours and is once again rising above the $70,000 mark ahead of tomorrow’s February inflation report from the United States. The war with Iran seems to have aided BTC’s recovery recently, as the price bounced off a strong floor at $65,000 during the weekend and is now tagging a key resistance level that could trigger a much stronger relief rally if bulls manage to break past it. Trading volumes have jumped by 23% in the past day, indicating that buying pressure is steadily rising as BTC hits this key resistance at $72,000. Last week, investors poured $568 million ... (full story)
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