Bears’ Last Stand: Crypto Analyst Predicts Two Bullish Paths for Bitcoin

In the ever-evolving world of cryptocurrency, Bitcoin (BTC) is once again at the center of speculation. Prominent crypto analyst *Cred*, known for his market insights, recently shared with his 645,000 followers on social media platform X (formerly Twitter) that Bitcoin’s $64,000 price level is the critical battleground for the bears.


Cred highlights two potential outcomes if Bitcoin manages to surpass this key threshold. A close above $64,000 on a weekly basis could be a game-changer, with BTC either embarking on a significant rally without any major pullback or experiencing a temporary retracement that forms a bullish “higher-low” structure, setting the stage for further gains.


For traders, this could signal a decisive moment. If Bitcoin successfully breaks past the resistance, it may mark the "last stand" for bears trying to suppress the market, giving bulls the momentum to drive prices higher.


As the crypto space watches and waits, investors remain poised for a possible seismic shift in Bitcoin’s trajectory. Whether it’s a relentless surge or a calculated retrace, Bitcoin appears to be on the verge of another major move.