Bitcoin Bull Run Continues: Analyst Rejects $65,000 Prediction But Seeks Support at $61,000

Following a recent surge exceeding $85,000, Bitcoin’s price has ignited fresh speculation about its future direction. Alphractal CEO Joao Wedson, known for his contrarian views on crypto markets, recently hinted at a potential downside below $65,000 while simultaneously acknowledging the current upward trend. Wedson’s statements have triggered discussions about key price points, including support levels around $64,700 based on metrics like True Market Mean Price and Alpha Price, as well as resistance levels expected to be reached at $61,000.