Bitcoin is very strong and could retest 70,000 in 1 week: BRN analyst

Although Bitcoin has surpassed $66k this morning, it has fallen back below $65k as upside expectations continue. Analyst at BRN Valentin Fournier, one of the companies that offers consulting services on digital assets, said he expects the $70,000 level to be reached next week.

Bitcoin managed to rise strongly from the $53k level it fell at the beginning of the month, and for now, 'will it go below $50k?' They put aside their questions. The largest cryptocurrency, especially with increasing expectations of Fed interest rate reduction, began to flash again at $70 thousand.

'70 thousand dollars can be tested again'

Valentin Fournier, an analyst at BRN, a consulting firm that performs cryptocurrency market analysis and shapes these analyzes according to macroeconomic data, told Decrypt that Bitcoin could reach $70,000 by Tuesday of next week.

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