After hitting $71,150, analysts predict that $83,000 will be the next objective for bitcoin🤩
Since March 14, when it reached its all-time high of $73,797.68, $BTC has been in corrective mode. The head of Galaxy Digital's corporate research, Alex Thorn, said that the drop in Bitcoin last Wednesday, which was roughly $60,800, is "fully consistent with the normal short-term correction of historical bull markets."📈
Bitcoin saw a significant reversal and reached the $70,000 mark in the last week of March. According to data, BTC once reached $71,239.31 at the conclusion of the U.S. stock market, representing an 8% 24-hour increase. At $3,634.80, Ethereum increased 7.4%.🔥
