Analyst Predicts Bitcoin (BTC) Surge to $68000 in Near Term
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Analyst Predicts Bitcoin (BTC) Surge to $68000 in Near Term

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Azeez Mustapha

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Analyst DrProfitCrypto predicts a Bitcoin (BTC) surge of $68000 in the near term following an accurate forecast. Bitcoin (BTC) continues to captivate market participants as well-known analyst DrProfitCrypto on X anticipates a significant price surge. After a precise prediction of last week’s rally to $65000, DrProfitCrypto remains confident in further upside potential.

The momentum in altcoins alongside Bitcoin’s sustained upward movement suggests that the broader crypto market may enter a new bullish phase. Traders are increasingly optimistic about BTC’s trajectory, with key levels approaching that could push BTC even higher in the coming days. The potential breakout to $68000 solidifies Bitcoin’s dominance in the market.

Key Bitcoin Levels To Watch – August 26

Analyst Predicts Bitcoin (BTC) Surge to $68000 in Near Term

BTC/USD is showing bullish momentum as it trades above the 9-day SMA (Simple Moving Average). The pair has recently bounced off the $61910 support level, signaling strength. A successful break above the resistance at $67550 could propel BTCUSD towards the $70000 psychological level.
 
The MACD shows positive momentum, reinforcing the bullish reversal. However, a pullback to retest the $62000 support is possible before further gains.

BTCUSD Key Levels

Resistance Levels: $70000, $73840, $80000 
Support Levels: $62000, $56500, $49050

BTC/USD Metrics

Total Market Capitalization: $2.24T 
Bitcoin Market Capitalization: $1.26T
Bitcoin Volume: $19.65B
Market Rank: #1

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