An analyst noted that Bitcoin could hit $58,000, but the retracement might be shocking.correction has become increasingly closer than you think. However, there is one major issue with the forecast that has put market players on opposite sides.Interestingly, AMBCrypto came across an opinion that BTC would correct pre-halving. Around the same period, we noticed another analyst saying that Bitcoin would surpass its yearly high before the event.
“Bitcoin is approaching the selling area of short-term investors. Examining the technical chart also confirms this issue. Bitcoin is in the area below the resistance in the technical chart.”However, Michaël van de Poppe did not share a similar view. According to him, Bitcoin’s correction would happen, but not before prices
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