Analysts Explain! "Bitcoin (BTC) Is Poised for an Explosive Rise! Keep an Eye on These Two Things!"
As Bitcoin consolidates between $93,000 and $95,000, analysts believe that BTC is preparing for an explosive rally.
Leading cryptocurrency Bitcoin (BTC) has experienced a rapid recovery in recent weeks after months of sharp decline.
While BTC rose above $95,000, the total cryptocurrency market value approached $3 trillion.
At this point, while Bitcoin is consolidating between $93,000 and $95,000, analysts think that BTC is preparing for an explosive rise.
Analysts generally predict that prolonged consolidation and negative funding rates could lead to a strong bullish move in Bitcoin, while macroeconomic factors could also influence market sentiment.