The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
29
 
30
 
 
 
 
 
 

Bitcoin Breakout Alert: Can BTC Smash $68K? Here’s What Popular Analyst Says

DATE POSTED:September 28, 2024

The post Bitcoin Breakout Alert: Can BTC Smash $68K? Here’s What Popular Analyst Says appeared first on Coinpedia Fintech News

Bitcoin is showing signs of hope after being stuck in a cycle of lower highs and lows. Recently, it surged above $66,000 for the first time in five weeks, hitting $66,397! With the Crypto Fear and Greed Index now at 64, we’re officially in the “greed” zone.

Popular crypto analyst Captain Faibik, Bitcoin bulls are taking charge, and a breakthrough at the $68,000 resistance could see prices soar to between $88,000 and $90,000 by December. But beware—experts warn of potential corrections. 

BTC To Break $68k Resistance!

According to renowned crypto analyst Captain Faibik, Bitcoin (BTC) bulls are currently dominating the market. As Bitcoin is nearing a crucial $68,000 resistance, the sentiment in the market is leaning toward optimism. 

$BTC bulls are Currently in full Control!

Bitcoin is approaching a 68k Crucial Resistance level.

– If the Bulls successfully reclaim this area and Broadening Wedge breaks to the upside, Bitcoin could Potentially reach the 88–90k by the end of December.

– In the Worst case, if… pic.twitter.com/ijlrhNrhkQ

— Captain Faibik     </div>
  </div>
  <div class=