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Bitcoin: Another Rally Is In The Offing

By Sumair IqbalCryptocurrencyOct 22, 2021 06:04AM ET
www.investing.com/analysis/bitcoin-another-rally-is-in-the-offing-200605969
Bitcoin: Another Rally Is In The Offing
By Sumair Iqbal   |  Oct 22, 2021 06:04AM ET
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We have seen that Bitcoin has surged after a dull session in the last couple of weeks.

BTC was trading near the $39,800 to $41,000 range – where it has consolidated and shifted the investors' sentiments from bearish to bullish. After a breakout at $44,200, it rallied, gaining more than 23,000 points.

It could rally after correcting to its primary support that lies near the $58,000 – $60,000 levels. Once the price sustains above that level, we could see another bull run towards the $80,000 – $85,000 levels by the end of December.

Bitcoin daily price chart.
Bitcoin daily price chart.

Bitcoin: Another Rally Is In The Offing
 

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Bitcoin: Another Rally Is In The Offing

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Rahma Bounour
Rahma Bounour Oct 24, 2021 6:11PM ET
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yes .i think the correction done this night
 
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