1h ago
Bitcoin Analyst Maps Base Case Before Potential Break Above $100,000 And Possible Drop To $50,000
Crypto analyst Crypto Bully has outlined a base case for Bitcoin, projecting a possible rally toward $85,000 and eventually above $100,000 while warning that the current downtrend may not be finished. He highlighted key levels around $50,000 to $85,000 and suggested dollar-cost averaging on dips between $65,000 and $50,000. On-chain research also outlined two potential bottoming paths, including a sharp Black Swan correction or a prolonged range between $60,000 and $80,000, with BTC recently trading near $71,000.