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Ivan Liljeqvist: Bitcoin bull trend confirmed as price holds near 78-79K

Ivan Liljeqvist: Bitcoin bull trend confirmed as price holds near 78-79K
Bitcoin bull trend confirmed near 78K

Ivan Liljeqvist highlights that Bitcoin is maintaining its price in the 78,000 to 79,000 range, noting that the bull trend appears to be confirmed.

He references ongoing optimism from the community, a look back at previous cycle patterns, and comparisons to the ZEC weekly chart reaching all-time highs. Liljeqvist also mentions that stock charts remain consistent with this ongoing positive sentiment.

Earlier, Ivan Liljeqvist declared that Bitcoin has entered a supercycle, signaling heightened bullish sentiment in the market, according to his post on Bitcoin’s supercycle phase. He has also observed renewed bullish momentum for ETH, with the potential for smaller tokens to post gains, as noted in recent commentary. These prior insights frame his current outlook on the sustained price levels.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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