Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

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Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO - NewsBTC

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Break >$65k should trigger serious FOMO The strength vs alts may be what’s needed to push $70k+ pic.twitter.com/hBzpAh60P3 — The Crypto Dog 📈 (@TheCryptoDog) August 1, 2024 Current State Of Bitcoin The Bitcoin price has started the new week on a more negative that many expected.

The crypto is also down by 24.30% in a larger seven-day timeframe. Related Reading: Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows With this recent action, Bitcoin has now broken below the significant price range of $60,000 to put $50,000 in the spotlight.

The $65,000 price mark is one such level, and according to a crypto analyst, a break above it should eventually trigger serious FOMO among market participants.