Crypto analyst predicts Bitcoin rally above $99,000 despite bearish indicators
Cryptocurrency analyst TARA has forecast that Bitcoin will rally above $99,000 despite recent bearish signals.
Summary
- One analyst states that Bitcoin is expected to reach the target price level before experiencing a deeper retracement.
- Bloomberg analyst Eric Balchunas reported that Bitcoin ETFs recorded strong net inflows recently and now show robust one-week and year-to-date inflows.
- In a recent blog post, BitMEX co-founder Arthur Hayes predicted that the rally could be sustained as dollar liquidity rapidly increases.
According to analysis published by NewsBTC, Bitcoin is expected to reach the target price level before experiencing a deeper retracement, which…
