DeFi Intel

Bitcoin Price Battle for $87,000: Peter Brandt Identifies the Final Hurdle in Current Rally

Brandt and analyst Aksel Kibar note Bitcoin has broken above $77,600 resistance, exiting a rising wedge pattern, but say the 365-day moving average near $87,000 is the final barrier; until it is reclaimed, the broader trend remains technically bearish or sideways.

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