Bitcoin price dips to $66,000 range, but analyst predicts new all-time high in 30 days.

From Investing.com

October 24, 2024 12:00:42 PM:

Bitcoin (BTC) price faces rejection at $69,000, dips to $66,000 range. Some see bearish move, others view it as healthy correction. Optimism remains, many expect new ATH. Analyst Michaël van de Poppe predicts BTC will test ATH in 2-4 weeks, cites start of macroeconomic season and PMI data.

S&P Global PMI, crucial economic indicator, includes 30+ economies. Michaël van de Poppe confident BTC correction is over, sees broader crypto rally. BTC trading at $66,857, up 0.56% in 24 hours. Analysts anticipate new ATH soon, with 16.34% rise in trading volume signaling potential recovery.

Read more at Investing.com: Bitcoin to Hit New All-Time High in 30 Days, Says Top Analyst By U.Today