The next target price for Bitcoin could be $68,000, according to CryptoQuant’s analyst.
An analysis from CryptoQuant’s analyst, Mac_D, suggests that the next target price for BTC could be $68,000.
Arguing that Bitcoin has broken the average purchase price of long-term investors over 2-3 years, the analyst suggests that the only price level that could act as resistance for BTC could be $68,000, the highest level of the previous cycle.
Bitcoin is currently trading at $57,015 at the time of writing.
