Bitcoin ‘V-Shape’ Recovery Opens Way for K Price Target: Swissblock

Bianca Echa

Bitcoin ‘V-Shape’ Recovery Opens Way for $76K Price Target: Swissblock

“The bounce has been extremely impressive,” QCP analysts wrote in a Wednesday market update. “The dip was bought up very quickly and aggressively, and $60,000 proved to be a good support level.” “With some of the leverage taken out, the path higher has now opened up and we look to a near-term break higher as the uptrend resumes immediately,” QCP added.

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