A prominent crypto analyst has suggested that Bitcoin, the leading cryptocurrency by market capitalization, could be on the brink of a significant upward surge.
In a recent Telegram post, the pseudonymous crypto strategist CRYPTO CAPO informed his 122,005 subscribers that Bitcoin (BTC) might experience another rally if it surpasses the $85,000 resistance level.
“BTC is attempting to reclaim $85,000 once again. This would be a strong indicator of bullish momentum, potentially driving the price toward the $90,000 mark,” the analyst stated.
Earlier, CRYPTO CAPO cautioned that Bitcoin could exhibit a dead cat bounce pattern, a temporary recovery in a declining asset’s