Ivan Liljeqvist: Bitcoin in buy zone as price holds near $62,600

Ivan Liljeqvist: Bitcoin in buy zone as price holds near $62,600
Bitcoin price enters strong buy zone

Ivan Liljeqvist shared an update on Bitcoin price, highlighting that bitcoin:native is trading at approximately $62,600 and describing the current level as a buy zone.

He characterized Bitcoin as cheap, noted that the bear trend remains strong, and stated an expectation for further declines into the 50s and 40s price ranges. Liljeqvist acknowledged the unpredictability of the market and advocated for dollar-cost averaging at these levels, calling them part of the green buy zone.

Liljeqvist has recently commented on other digital asset declines. He reported that STRC dropped to $95 and faced low demand. In a separate update, he noted that Cardano ADA fell 68.21 percent amid a continuing bear trend. These updates reflect ongoing weakness across several tokens.

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