BTC Poised to Touch $92,000 Before the End of 2024

After several months of decline, Bitcoin might be setting up for a significant rally, potentially surpassing $92,000 in the next three months according to some analysts. Bitcoin’s recent movements on the charts hint at an upcoming surge, rooted in historical patterns observed after previous halving events. Bitcoin BTC tickers down $60,177 recently touched a crucial support level on its weekly chart, which might serve as a springboard for an impressive climb, suggests noted analyst Titan of Crypto. “In previous cycles, when the price retested the 50-week simple moving average, it bounced at least 40%. On average, the bounce was 71%.