Bitcoin Breaks $87K: Analyzing the 9% Surge and Future Trading Opportunities – Blockchain News

According to Michaël van de Poppe, Bitcoin's recent surge past the $87,000 mark has catalyzed a 9% price increase, translating to a rise of over $7,000. The cryptocurrency has re-entered a previous trading range, suggesting a potential for a slight pullback before further upward movement. With gold prices peaking, a risk-on sentiment is growing among investors, which could enhance liquidity and drive Bitcoin prices higher. Traders should watch for pullback opportunities to enter the market strategically.
Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast
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