Bitcoin: Why the BTC Jump from $70,000 to $700,000 Is Not Surprising
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- Analysts are increasingly predicting that BTC could rally to as high as $70,000.
- The recent BTC price surge was preceded by a possible price risk due to overleverage.
Glassnode founders Jan Happel and Yann Allemann. Bitcoin [BTC] I was in a good position to retest $70,000. The Negentropic duo on X is a poker player pair. You can also read the alerts below.
The crypto market could see a heavy liquidation from speculators looking to short the cryptocurrency at $68,000 and $69,000.
Shorts focused on this long-term compression range for #Bitcoin will liquidate their positions if the $68,000-$699,000 level is exceeded…’
Source: X/Negentropic p >
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Why BTC Could Rise to 70 “
” Bloggers claim his insights offer valuable information. Swissblock How High it Can Go “ Founders noted that Risk levels changed from high to lowafter rise
Source: Swissblock
More discussion related posts”This text can contain different words than originally.” CryptoQuant analysts have a different view. Caution To …warning message… Open interest rose faster than Bitcoin pricing trends
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