Bitcoin's price analysis predicting a rise to $200,000. Learn about the expert's insights on the digital currency market.
Despite Bitcoin (BTC) dropping to $91,000 after setting a new all-time high, prominent digital currency analyst, Mags, believes the upward trend of this digital currency will continue. Based on Fibonacci analysis, Bitcoin is expected to reach higher levels at $154,522 and eventually $207,701 after surpassing the current resistance level at 1.618. The analyst suggests recent fluctuations are natural and after stabilizing at support levels, the upward trend will resume. Investors are advised to closely monitor these price levels.
