Bitcoin price rises to $85K, but analysts warn bottom may not be reached yet

From Cointelegraph

February 28, 2025 5:10:40 pm:

The Bitcoin sell-off is easing, with BTC price recovering to $85,120 after being deeply oversold. Analysts warn if new buyers fail to sustain momentum or negative news resumes, BTC may revisit recent lows. Despite short-term price action, many see recent drawdown as a prime buying opportunity. Momentum remains oversold, with daily candlestick pattern showing lower highs and lows.

Read more at Cointelegraph: Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet