Where can Bitcoin go from here? Targets now include $80,000.
followed BTC/USD as it dipped to local lows of $46,900 before returning to crack $48,000 prior to Tuesday's Wall Street open.that the 2022 trading range had been truly broken.
Now, while acknowledging the need for a further pullback in an ideal scenario, popular trader Crypto Ed said that the time was right to be"very bullish" on BTC going forward. "Hope for a little bit more down today, but often in these kind of bull markets it's too much asking for," he said in his latestZooming out, Ed eyed an ongoing construction in place since the lows of Summer last year. While these could technically still reappear, there were"strong doubts" about such a situation, and should the bullish follow-through occur, the target for completion was beyond current all-time highs.
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