Articles for tag: $89, 000 level, Bitcoin price, cryptocurrency analysis, inflation concerns, macroeconomic factors, market trends, short positions

Bitcoin Aims for Weekly Close Above $89K to Confirm Trend Reversal and Secure Market Bottom

A crypto analyst, Matthew Hyland, suggests that Bitcoin needs to close above $89,000 by the end of the week to signal an end to its current downtrend. He highlighted this in a recent video, stating that a failure to do so could lead Bitcoin’s price to drop to between $69,000 and $74,000, a level it ...