The recent wave of Bitcoin $BTC selling may come to an end if the cryptocurrency surpasses the $130,000 mark, according to Bitwise CEO. He believes that a decisive breakout above this key level could restore investor confidence and drive renewed demand in the market.
This prediction comes amid heightened volatility in the crypto space, with traders closely watching resistance points that could signal a shift in market momentum. The CEO emphasized that such a breakout would not only halt the current sell-off but could also pave$ the way for further price appreciation.
Market analysts echo this sentiment, suggesting that a move past $130K could mark the beginning of a new bullish phase for Bitcoin $BTC .
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