Why This Crypto Expert Believes Bitcoin Could Hit $240,000 by October Despite Recent $104K Crash ⋆ ZyCrypto
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The cryptocurrency market is closing the week with most of the leading assets collectively nursing losses following the market selloff recorded earlier in the week. The apex cryptocurrency, Bitcoin, has not been spared in the slightest.
Notably, the asset briefly fell below the $104,000 price level before making a brief correction, indicating a rise in selling pressure.
However, one market participant has remained bullish for a handful of reasons. Taking to X, the trader and crypto analyst with the pseudonymous X handle TradingShot highlights the many bullish scenarios that could play out for the big bull in the near term.
The analyst first revealed that the current…
