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Bitcoin Could Rebound to $90K but Risks $65K Retest: 21shares Strategist

News.Bitcoin.com
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Bitcoin Could Rebound to $90K but Risks $65K Retest: 21shares Strategist

Bitcoin could recover toward $87,000 and eventually exceed $90,000, according to 21shares strategist Matt Mena. He linked the outlook to renewed buying after softer-than-expected producer inflation, while identifying support and resistance levels that would shape the recovery. Strategist Maps Bitcoin’s Recovery Toward $90,000 Matt Mena, senior crypto research strategist at crypto investment product issuer 21shares, […]

Key Takeaways

  1. Bitcoin could recover toward $87,000 and eventually exceed $90,000, according to 21shares strategist Matt Mena.
  2. He linked the outlook to renewed buying after softer-than-expected producer inflation, while identifying support and resistance levels that would shape the recovery.
  3. Strategist Maps Bitcoin’s Recovery Toward $90,000 Matt Mena, senior crypto research strategist at crypto investment product issuer 21shares, […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.