Bitcoin needs to break $85,000 this week to avoid further declines

Bitcoin will need to hold above $85,000 this week to avoid falling to $76,000, it has been forecast.
According to reports, on the 23rd (local time), Ryan Lee, a senior analyst at Bitget Research, predicted that Bitcoin will reach its closing price this week.
"If the price fails to break through $85,000 at the benchmark, it could fall further next week," he said. "Since the FOMC meeting (last week), analysts have been
"We expect Bitcoin to close above $85,000 for the week, which will be crucial for the upward momentum to resume," he said.