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Analysts name the date when bitcoin will rise to $ 67,000 again
A cryptocurrency market analyst has published his own forecast of bitcoin growth. The CrypNuevo expert expects BTC $74,970.00 Bitcoin 0.92% Market capitalization $1.48 trillion VOL. 24 hours $3.72 billion to reach $ 67,000 again by the end of July. This may happen despite the recent price drop.
According to CrypNuevo, bitcoin is currently trading at $ 61,500. He noted that high volatility is expected in the near future due to macroeconomic news, including MiCa regulation in Europe and economic data from the United States.
CrypNuevo has identified three key levels for BTC in the next two to three weeks. First, he foresees a rise to $ 64,000, then a decline to $ 59,000, and finally a rise to $ 67,000.
The analyst also drew attention to two important areas of liquidity: $ 62,500-$ 63,500 in the short term and $ 67,100 in the medium term. These levels are liquidation targets for large market players.
CrypNuevo predicts that bitcoin will first rise to $ 64,000, which will lead to the liquidation of high-risk short positions. Then, a correction to around $ 59,285 may occur, filling in some of the open interest. Eventually, bitcoin could reach $ 67,000 after forming a possible accumulation range.