This Sunday, the market’s leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month.
In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price action, outlining what investors can expect moving forward.
Expert Outlines Critical Price Levels For BTC
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Doctor Profit opened his analysis by revisiting the two potential outcomes he had outlined a month prior. The first scenario involved a healthy correction to the $70,000 to $74,000 range, which played out exactly as anticipated.
The second scenario was a more severe downturn, a “Black Swan” event, that could see Bitcoin dropping to the
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