Analyst Outlines The Bulllish And Bearish Scenarios For Bitcoin – Here’s What To Know

Bitcoin’s price has shown strength over the past 48 hours and is now trading in the mid-$90,000s after days of consolidating around $90,000. Technical analyst Jackis presented a fair assessment of potential paths for Bitcoin’s next significant rise in the context of near-term consolidation and attempted breakouts above $95,000, outlining distinct scenarios for both bulls and bears. Both Outlooks Have A Case, But Price Has To Confirm Bitcoin is now back to trading above $95,000 after a 3. 1% increase in the past 24 hours source: https://www.newsbtc.com/news/bitcoin/bitcoin-bulllish-bearish-scenarios/