Bitcoin due ‘5%+’ move as analysis stays bullish on BTC price outlook Bitcoin should shift 5% or more “soon” with $77,000 staying the focus amid mixed messages over the latest US-Iran peace deal plans.
Bitcoin (BTC) focused on $77,000 on Thursday as analysis eyed a minimum 5% BTC price move
Key points: – Bitcoin waits for a breakout move as it circles the $77,000 mark. – Analysis sees risk in shorting price at current levels, with bears in the firing line. – Macro hurdles keep risk assets down across the board, while US bond yields cool. Trader sees 5% BTC price move “soon” Data from TradingView showed BTC price action sticking to a narrow range, with leveraged positions on either side of spot. BTC/USD one-hour chart.