FxPro Warns About Bitcoin Decline: Buying Opportunity May Come at $70,000! - Coin Bulletin

According to FxPro analysts, the possibility of a pullback to $70,000 in Bitcoin price may present new opportunities for investors.

FxPro analyst Alex Kuptsikevich stated to CoinDesk that a possible decrease in Bitcoin price could present new opportunities for investors.

"In an unexpected shock scenario, Bitcoin is likely to pull up to $70,000 levels," Kuptsikevich said. However, a decline in the price to the $90K levels in the next few weeks could be a sufficiently attractive level for buyers and stop the selling pressure."

The analyst emphasized that the market continues to digest the Fed's tighter policy rhetoric and the increasing tendency to realize profits after a strong year. He said that these developments could lead to volatility for investors.

While the price fluctuations are expected to continue in the Bitcoin market, the $90,000 level is considered a critical support point.

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vip
· 2024-12-24 11:37
Nonsense, all killed by 70,000.
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