- Ted Pillows, a crypto analyst, has noted a breaking zone for BTC upside.
- Bitcoin tokens are down by 0.1% over the last 24 hours.
- BTC is expected to surge.
Ted Pillows, a notable crypto analyst, has pointed out a breaking zone for BTC upside. His statement comes almost at the same time when another crypto analyst called Bitcoin tokens attractive. Meanwhile, the flagship token is attempting a recovery amid the recent geopolitical and rate cut uncertainty.
Ted Pillows on BTC Upside
Ted Pillows has published a post on X, highlighting that BTC is still consolidating around $68k with ETFs selling to possibly stop a potential rally in the ecosystem. The crypto analyst has then pointed out that the cryptocurrency needs to break above the zone of $70,000 or $71,000 for a strong upside.
He earlier pointed out the decent spot bids for BTC between $60,000 and $65,000 on Coinbase and Binance.
BTC is currently listed at $67,744.65, down by 0.1% over the last 24 hours. However, it has surged by 1.7% in the last 7 days. Bitcoin tokens are now testing $66,433 and $64,017 as support levels, along with $68,849 and $71,265 as resistance levels. This is amid a very high volatility of 11.97% when the article is being drafted.
Another Crypto Analyst on Bitcoin Tokens
Lucky, another crypto analyst on X, has shared his opinion about BTC. Also known as LLuciano_BTC, he has called Bitcoin tokens attractive, basing this on the fact that there will only be 21 million coins forever. He has further strengthened his tag for the token by highlighting that approximately 67% of the supply is held by individuals, or regular people, and not big institutions.
As of December 31, 2025, and as highlighted by him, businesses hold roughly 6.9% of the supply, which comes to 1.45 million. Funds & ETFs hold a slightly higher number, which is 1.49 million. This translates to around 7.1% of the supply.
BTC Attempting Recovery
The ongoing geopolitical and rate cut uncertainties have strained the global crypto market. BTC has felt the heat, considering it has shed 27.1% of its value in just 30 days. But the token is now attempting to recover and is projected to surge by 13.35% in the next 1 month. This could take its value to around $76,805.
BTC price prediction, however, expects recovery as the value could stand at approximately $71,018, still up by around 4.81% from the current value. The US Federal Reserve is expected to cut rates next in June 2026, while US-Iran talks and Russia-Ukraine discussions look to find a resting place.
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