The digital currency analyst proposed two possible scenarios for Bitcoin in the coming days
In the changing market of digital currencies, Bitcoin is at a critical point. The digital currency has recently tested the bottoms of the previous range, which has led to speculation about its next move. Well-known crypto analyst CripNouvo has proposed two distinct scenarios for the coming days. The first scenario is to return to the previous range and move towards its ceilings with a liquidity point between $72,000 and $73,500. The second scenario is to cross the lows of the previous range for a few days and the possibility of a false breakout. Two key areas for liquidity have been identified at $68,000 and $52,000. Macroeconomic factors such as consumer price index data and political events can also affect the price of Bitcoin. Investors should be alert and cautious as the market is determining its next direction
