Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-targets-68000-mark" rel="noopener noreferrer nofollow">Bitcoin Targets $68,000 Mark</a><br></p>
<p style="text-align: justify">The cryptocurrency community is buzzing with anticipation over Bitcoin’s potential rise. <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">Investors</a> are eyeing the upcoming halving event, expected later this year and next year, as a catalyst for a <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">price</a> surge. A prominent <a href="https://en.bitcoinhaber.net/cryptocurrency-prices-see-notable-movements" rel="noopener noreferrer nofollow">crypto analyst</a> and trader, Credible Crypto, has recently made a bold prediction, suggesting that Bitcoin (BTC) is gearing up for a significant upward move.</p>
<h2 id="analyst-s-bitcoin-commentary">Analyst’s Bitcoin Commentary</h2>
<p style="text-align: justify">Credible Crypto, a well-known figure in the crypto analysis space, recently shared his insights with thousands of followers on the X social media platform. He asserted that Bitcoin could soon reclaim the $68,000 level. According to his observations, several altcoins have hit their downside targets or bounce zones, aligning with a potential Bitcoin rebound towards local demand and an eventual upward reversal.</p>
<p style="text-align: justify">Analyzing his chart, the trader indicates that Bitcoin might dip below $60,000 before making a clear rise to the $68,000 resistance level. As of now, Bitcoin has dropped to $61,413, marking a 2.28% decrease in the past 24 hours. Consequently, the <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">market</a> cap has declined to $1.21 trillion following this price drop.</p>
<h2 id="what-about-xrp">What About XRP?</h2>
<p style="text-align: justify">The analyst also made noteworthy remarks on XRP, generating excitement among <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank">investors</a>. He highlighted the possibility of a price rally for XRP alongside Bitcoin. He mentioned that XRP’s performance could be significant, particularly if Bitcoin experiences the expected bounce. The key level to watch for XRP is $0.64, as a strong reaction could indicate a positive trend.</p>
<p style="text-align: justify">Currently, XRP is trading at $0.5016, having experienced a drop of over 1% in the past 24 hours.</p>
<h2 id="key-takeaways">Key Takeaways</h2>
<p style="text-align: justify">– Bitcoin may dip below $60,000 before aiming for $68,000.<br> – Altcoins are hitting downside targets, indicating potential market alignment.<br> – XRP’s price movement is closely tied to Bitcoin’s performance.<br> – $0.64 is a critical level for XRP during the potential Bitcoin relief rally.</p>
<p style="text-align: justify">The comments by Credible Crypto have added a layer of anticipation and strategy to the cryptocurrency market, highlighting the importance of upcoming price movements.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-targets-68000-mark" rel="noopener noreferrer nofollow">Bitcoin Targets $68,000 Mark</a></h5>

Bitcoin Targets $68,000 Mark

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