Bitcoin $57K Support Level Crucial for 2024 Bull Rally, Says Analyst

1 min read

7 months ago bitnews

Bitcoin’s $57K support level is emerging as a pivotal foundation for the 2024 bull rally, according to renowned analyst Burak Kesmeci, a contributor to CryptoQuant. In a recent post, Kesmeci highlighted that the average entry price of spot Bitcoin ETFs, set at $57,000, has become a critical support level that has sustained Bitcoin’s upward trajectory