Bitcoin Faces Critical Support at $61,000: Is a Major Rally on the Horizon?

Bitcoin, renowned as the leading cryptocurrency, is encountering a crucial phase that could determine its near-term trajectory. After an exceptional performance in early 2024, surging past the $71,000 mark, Bitcoin has now retreated and stands around the important $61,000 support level. This fluctuation in Bitcoin’s price has ignited a debate among analysts, with differing viewpoints

Source: CoinOtag