MultiversX Tracker is Live!

Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 63 Views

Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds

Bitcoin bottom calls grow as analysts target $180,000–$250,000 within a year, fueling debate over whether BTC has resumed its broader bull cycle.

Bitcoin (BTC) climbed 3.5% this week to hit $81,325 on Tuesday, its highest level since January. But is Bitcoin’s multi-month highs just a bear-market rally, or has it already bottomed to resume the so-called "supercycle," as some traders suggest?

Key takeaways:

BTC/USD daily price chart. Source: TradingView

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments