Why Bitcoin Price Could Revisit $63k Before A New ATH

Quick Summary:

Crypto analyst Justin Bennett has predicted that the Bitcoin price could retrace to $63,000 following the recent market rally.

This prediction comes as the flagship crypto targets a new all-time high (ATH) following a weekly high of around $69,000, its highest level since late July.

CryptoCon is confident that the Bitcoin bull run is almost here because of the Price Oscillator, which he said confirms that BTC has completed all of the local highs of the mid-cycle.

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Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: BTC price Btc Bitcoin News Bitcoin 24/7 Cryptocurrency News Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-19 @ 22:30:48 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23129575

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

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News Last Updated: 10 hours ago

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