Bitcoin Price Analysis: Experts Weigh In On Market Outlook

Cryptocurrency exchange Bitfinex has released a new report examining the future of Bitcoin, highlighting its recent resilience and potential for further gains. The report notes that Bitcoin’s price recently broke past a key support level, exceeding $94,000 after a period of volatility and liquidity concerns. This surge aligns with optimism around U.S. government tariff reduction efforts, which has increased risk appetite in global markets. 📈 🇺🇸 The report cites Bitfinex’s own data as supporting this positive outlook, including Bitcoin reclaiming its Short-Term Conservative Cost Basis at $92,900 and a rising Supply Percentage in Profit metric of 87.3%.