Reasons Bitcoin may still reach $74K by year’s end

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Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.

Bitcoin’s price dropped by over 25% during the Aug. 5 global market rout. However, emerging signals suggest that this decline could be a bear trap, and the price may return to its course toward a new record high in 2024.

We continue to receive great words from our Members

Several altcoins have produced even more impressive gains over the past day, with TON, SOL, and AVAX standing out from the larger caps.

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