Bitcoin could be heading for another strong six-figure price rally after regaining a key uptrend and ending a period of repeated declines. According to renowned cryptocurrency analyst Rekt Capital, the latest move puts BTC back in position to target the $160,000 target, provided it holds a key support level and breaks through evolving resistance.



While short-term corrections are still possible, the broader technical picture remains intact. Historical price behavior suggests Bitcoin remains in a strong uptrend, but time and price pressures could soon force a market decision. #August Market Prediction# #Content Mining & Earn Rich Commission# #Fed Officials Signal Rate Cut# #Stablecoin Supply Tops $270B# #BTC Market Cap Tops Amazon#
BTC-3.09%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)