#BTCRebound

Bitcoin is preparing to take off from USD 85,000, with BNB, HYPE, TAO, and RNDR aiming to follow

Traders say that Bitcoin holding the USD 85,000 level is bullish, and charts suggest BNB, HYPE, TAO, and RNDR could be the first altcoins to follow a price breakout of BTC.

Price Analysis

Bitcoin

BTC

75,899 €

has risen approximately 1% over the week, indicating a balance between supply and demand. Analysts expect a quiet Easter weekend, but they are divided on Bitcoin's next directional move.

Network economist Timothy Peterson #said that the effective yield of the US High Yield index has gained more than 8%. There have been 38 similar cases since 2010, and Bitcoin has risen 71% of the time three months later. Bitcoin recorded a median gain of 31%, and the worst loss was -16%. Based on historical data, Peterson anticipates that Bitcoin will trade between USD 75,000 and USD 138,000 within 90 days.$BNB $TAO