Analyst says Bitcoin returns to $60,000: 'This time is different'
Bitcoin's success in regaining the $60,000 mark in an environment generally considered unfavorable for the cryptocurrency market has attracted widespread attention. Analyst Rajat Soni pointed out that the current situation is different from the past, indicating that institutional investors are taking a second look at this asset.
Bitcoin regained this key price level for the first time since August 30, showing rising interest in the digital currency. Soni emphasized that this rally is very different from what happened in 2021, when it was mainly retail investors who drove the price higher, but now there are more institutional players.
The market movement has sparked discussion among traders and analysts as Bitcoin has gained more than 12.40% in the past few days. Data over the past few years has shown that September is usually Bitcoin’s worst month, but this breakout may mean that the trend is about to change.
We encourage our community to pay attention to this matter and share your views. In this era of change, let us explore the future development potential of Bitcoin. Please leave a message to tell us what you think of this market change!
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