
Is Bitcoin Price Headed For $70,000 Or $300,000? What The Charts Are Saying
Bitcoin’s price trajectory has become a significant point of interest in light of the recent downtrend, which has disappointed many bullish traders. According to on-chain analytics platform IntoTheBlock, the recent price crash up to the current price has seen over 6.5 million BTC addresses falling into losses. Still, technical analysis suggests Bitcoin could experience further drops. The question is whether Bitcoin will test the $70,000 mark before regaining strength or can rebound from here toward a $300,000 price target. Insights from price structure and historical patterns help....
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