Analyst's Ideal Scenario For Bitcoin Price Bottom Before $130,000

Bitcoin BTC BTC - $83157.207 has been on a downtrend since February 21, dropping 23% in less than 18 days. Despite this bearishness, a veteran trader and analyst explains his ideal scenario for a Bitcoin price bottom and a bullish reversal that leads to a $100,000 revisit.

Source: coingape.com

Related symbols: BTCUSD

2025-03-12 04:14:05 GMT.

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Price & Market Data

Price: $83157.207

Volume 24h: $43,058,503,094.98

Market Cap: $1,650,383,089,086.14

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,846,543. The last known price of Bitcoin is 82,564.55531196 USD and is up 1.31 over the last 24 hours. It is currently trading on 12006 active market(s) with $42,213,495,608.06 traded over the last 24 hours. More information can be found at https://bitcoin.org/.