The bitcoin price is ready for a rally, but it has to fall to $7,000 first. What else are analysts predicting?

Opinion: the BTC price will drop down to $7,000 before a new rally

Bloсkroots analyst and founder Josh Rager thinks that the price of bitcoin is ready to break through its historical maximum of $20,000, but it has to drop down first in order to do that.

The nearest target for bitcoin is $8,700

Analyst filbfilb writes. According to him, the price lost its key support at the level of $9,250 and is now on its way to the round point of $9,000.

The bitcoin price is ready to rise up above $11,000

CredibleCrypto analyst thinks that the BTC rate has completed the accumulation stage and is going to break through the point of $11,000.

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