Bitcoin price could achieve new highs if it manages to surpass the resistance level of $64k
The price crunch point is closer than any analysts in the market observed
Analysts believe that $98k could be achieved by the end of this year, and likewise, BTC can also see $288k by the end of this year
Bitcoin price has attracted several eyes with its tremendous performance since last year. Since the beginning of this year, the digital asset has seen tremendous gains before plunging in mid-May. Although BTC price has seen notable turbulence over several months after the plunge, last Uptober it again rallied to achieve a new all-time high. Following historical data analysts in the cryptosphere have deemed that the asset will remain bullish in November and could soon achieve a new all-time high. Moreover, following the recent performance, the analyst believes that if the asset crosses the price level of $64k, then it might run to achieve a new all-time high.
Bitcoin price crunch point is closer than expected
At the beginning of this month, Bitcoin’s price managed to hold the position above the price level of $61k. Following the scenario, the performance of the digital asset was bullish for Bitcoins. However, since then the flagship cryptocurrency has continued to stay range-bound by Michaël van de Poppe. Hence, following the performance of the prices in the digital assets market, he concluded that if the level of $64,000 is surpassed, the coin would soon see its new all-time high price.
More Information