Bitcoin Traders Think of a New Buying Opportunity to Come

With the recovery in stocks today, Bitcoin was able to continue its rise. With the rise that started in the past days, Bitcoin could rise from $ 5,000 to $ 6,900.

The leading crypto asset is being tried even higher than its current level, but for now the trials fail. It remains completely unclear whether the bulls are strong enough to exceed this level.

Leading analysts state that Bitcoin will reach very high levels in the long term, but will experience a decline around $ 4,000 before this rise. They also state that critical days may come for BTC if the leading crypto asset could not break the resistance in the upper region of $ 6,000.

UB, one of the popular cryptocurrency analysts on Twitter, said in his statement that he believes that Bitcoin will be significantly withdrawn in the short term.

https://twitter.com/CryptoUB/status/1242474071016853504?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer
Crypto Michaël said that Bitcoin could test the $ 4,200 level to find sufficient support and ignite the spark before the expected bull run. He said that $ 4,200 or $ 4,800 can be tested in the short term and these levels are an unmissable opportunity for the long term.

https://twitter.com/CryptoMichNL/status/1242420575223590912?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener noreferrer
In summary, Bitcoin is likely to see lower levels if it does not exceed the resistance it is currently facing in the $ 6,000 zone, but the future of the leading crypto asset in the long term seems to be very bright.