๐ถ๐ถ $BTC price prediction y experts ๐ถ๐ถ
Bitcoin has crossed the $88,000 mark, driven by global liquidity and renewed institutional interest in the crypto market. Experts are bullish on its prospects, with some predicting it could reach $90,000 or even $92,000-$94,000 if it breaks through the $88,800 resistance.
๐ถExpert Predictions:
- Edul Patel, Mudrex CEO : Believes Bitcoin's upward trajectory is driven by rising global liquidity, renewed institutional interest, and expanding M2 money supply. He predicts a move toward the $93,000 resistance is possible, with support standing at $85,000.
- Avinash Shekhar, Pi42 CEO : Optimistic that Bitcoin is nearing the $90,000 mark, citing halving momentum, increased open interest, and strong trader sentiment.
- Riya Sehgal, Delta Exchange Analyst : Sees this as a pivotal moment, with Bitcoin trading just below the 200-day Simple Moving Average at $88,357. She predicts a rally toward $92,000-$94,000 if Bitcoin breaks through the $88,800 resistance.
๐ถ Current Market Trends:
- Bitcoin's market capitalization stands at $1.75 trillion, up 0.75% with a current price of $88,142.63.
- Ethereum's price is up 4.20% to $1,579.57, with a market capitalization of $190.67 billion.
- The total cryptocurrency market volume rose 28.69% to $86.64 billion, with stablecoins accounting for 94.54% of the volume.
