Bitcoin's rebound is unstoppable: targeting $98,700!

Despite the gloomy market sentiment, cryptocurrency analysis company MakroVision remains bullish, predicting that Bitcoin will break through the $96,000 mark and has achieved a rapid reversal, confirming the formation of a bottom pattern!

Target price close to $100,000

According to MakroVision's technical analysis, Bitcoin successfully rebounded after experiencing a five-wave bearish structure, and after breaking through the key resistance area of $88,000, the price is expected to continue rising to $98,700, and even challenge $100,000.

Institutional interest surges, altcoin investment boom arrives

At the same time, the analysis company also revealed that institutional interest in altcoins is gradually increasing, especially driven by ETF applications. As Bitcoin's price strongly rebounds, the market trend is changing, and investors' confidence in cryptocurrencies continues to strengthen!