Bitcoin price: Is the price recovery sustainable?
In this article you will learn:
- Why the BTC price development continues to hang by a thread
- Why the key interest rate decision in the next trading week is likely to bring about a decision
- Which chart marks on the top and bottom will be relevant for investors in the short term
The price of the leading cryptocurrency Bitcoin (BTC) has advanced another four percentage points over the past seven trading days. Reclaiming the key $112,000 mark prompted a temporary rise to $114,754. This price analysis identifies the relevant chart levels for the coming weeks and addresses potential risks and potential for the leading cryptocurrency.
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