Bitcoin says Bitcoin can reach about $ 120,000 due to the latest report of Global Bank, due to the recent strong market performance and increased interest in investors.
Bitcoin is currently trading in the mid -$ 90,000, and experts believe that some global factors can affect movement in a few weeks. This includes the US Federal Reserve Conference and Continuous Inflation Problems in May. But some analysts suggest that the worst situation can be over, which can be opened for more profits.
Bitcoin’s current price measures
Bitcoin has recently reacted strongly around the main support zones between $ 93,220 and $ 94,244. According to encryption analysts, the price was a typical three -wave pattern last Friday, and after the recent decline, signs of recovery continued.
The analysts explained some of the short -term scenarios and are mostly as hypothesic. One of the main opinions is that if Bitcoin continuously maintains the level of support, it can move higher in the short term. Bitcoin’s main price target is about $ 96,275.
It’s an uneven market, but the bull is still active.
Bitcoin showed a positive move, but the market has recently been described as “even.” Price fluctuations have popped out between the main levels and strong resistance is about $ 95,450. If Bitcoin is managed to solve this, you can see more profits, but experts warn that the market is unpredictable now.
Despite the ups and downs, the clear market is not confirmed, and all major support levels are still maintained. Many people think that Bitcoin is likely to be able to push more high.