Analysts: Bitcoin needs to hold on to $97000 at weekly close to hit a record high
On February 21, according to Cointelegraph, analysts pointed out that if Bitcoin can close above $97000 this week, it is expected to launch a market that hits a record high. At present, Bitcoin has risen for three consecutive trading days, up 6% from the low of $95000 on February 18, and the trading price is $99158. Analyst Rekt Capital said Bitcoin is currently gaining support at $97028 on the lower boundary of the triangular market structure. In the past three weeks, although Bitcoin has experienced a downward test, it has remained intact. Another analyst, Warren Muppet, pointed out that Bitcoin exceeded $98000 for the first time since February 4. If a breakthrough can be confirmed, it is expected to hit a record high.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.