Bitcoin: Analyst explains why it’s still not too late to buy BTC at $45,000

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Bitcoin has surged beyond $45,000, sparking optimism. Is this the time to buy? Maybe, maybe not. Here's what this expert says...

has finally breached the $45,000-mark, trading at $46,209 at press time. This resurgence has sparked optimism among investors. In fact, some traders have even set their sights on a potential push towards $50,000.that the prices were moving sideways on the daily chart for approximately two weeks.“We know a break of this range is coming, whether it’s bull or bear, and volume and volatility are going to accompany that.

He further elaborated that the recent price action has led to a retracement to the “golden pocket,” a level that significantly increases the likelihood of sustaining the rally.

 

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