Bitcoin Price Retraces $63,000
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Bitcoin price crashCoinGape
•Analyst predicts Bitcoin price could retrace to $63,000 following market rally
59% Informative
Analyst Justin Bennett predicts that the Bitcoin price could retrace to $ 63,000 following the recent market rally.
This prediction comes as the flagship crypto targets a new all-time high ( ATH ) following a weekly high of around $69,000 , its highest level since late July .
Bitcoin 's open interest has reached the same level which preceded its last drop from $ 70,000 to $ 49,000 .
Analyst CrediBULL Crypto also warned that a price correction was imminent.
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