Bitcoin price forecast as traders bet on $80,000 next

Source: CoinJournal

Bitcoin price forecast as traders bet on $80,000 next
Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with