BT Price Analysis: Surge Over $68,000 Resistance Level Could Lead to 60% Rally

IconCryptoNewsTerminal Staff10 Aug, 2024

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BT Price Analysis: Surge Over $68,000 Resistance Level Could Lead to 60% Rally

BT Technical Analysis Cryptocurrency analyst Kevin Svenson recently analyzed the technical indicators for BT. According to Svenson, the Relative Strength Index (RSI) on the daily Bitstamp BTC/USD chart has taken a bullish turn. A break above the $68,000 resistance level could potentially trigger a significant rally. If this occurs, Svenson believes BT could surge by over 60% from its current levels.