Bitcoin price analysis: Will it rise to $100,000 or drop to $70,000? Get insights on the current market situation and potential price movements.
After days of volatility, the price of Bitcoin (BTC) has surged back above $88,000. This spike occurred as Larry Fink, CEO of BlackRock, advised investors to buy in short-term corrections, as there is a possibility of economic growth in late year. However, trading data indicates that this growth may not be sustainable. If the price stabilizes above $88,500, there is a chance of rising to $90,000. But if Bitcoin fails to stay above $87,000, a price decline to $83,500 and even $82,000 is possible.
