Analyst: Bitcoin may dip below $80K before a run to $90K
- —BTC's range is narrowing and volatility is falling, setting up a large move
- —Analyst sees a possible fake dip below $80,000 as a buying opportunity
- —A break above $82,000 resistance would accelerate a rally toward $90,000
- —The sub-$80,000 zone has already been tested once
Why it matters: The $80,000 and $82,000 levels are key for traders, as they will determine the direction of Bitcoin's next move.
Source: Blockmedia