Bitcoin's Price Outlook: Bitcoin Shrugs Off Sluggishness And Targets Recent Highs. Is $80000 A Possibility?
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MarketPulse by OANDA Group774 FollowersFollow5ShareSavePlay(5min)CommentsSummaryBitcoin has reclaimed the $76,000 handle and maintains a firmly bullish technical structure.The $75,000 psychological level is acting as a consistent pivot, suggesting sustained institutional interest.If buying pressure persists, the primary short-term goal is a run toward the psychological $80,000 level, with the ultimate bullish hurdle being $82,133. Olemedia/E+ via Getty Images By Zain Vawda Bitcoin (BTC-USD) has displayed impressive resilience during the Monday session, shaking off early-morning sluggishness to reclaim the $76,000 handle. After a brief period of consolidation, the premier cryptocurrency looks poised to challenge its recent highs, underpinnedThis article was written byMarketPulse by OANDA Group774 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.