Analysts say bulls will aim for $48K now that Bitcoin’s ‘accumulation phase’ has begun

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BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target.
Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains.Crypto Fear & Greed index. Source: AlternativeThe ongoing conflict in Ukraine and recent actions taken by governments to limit access to banking services may have helped to shine a light on the value of holding cryptocurrencies, which offers some protection against uncontrollable events and what some might perceive as government overreach. Data from Cointelegraph Markets Pro and TradingView shows that the price of BTC has oscillated between $43,350 and $45,400 on March 2 as the world awaits some form of resolution to the current conflict

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We współpracy z: https://cointelegraph.com/news/analysts-say-bulls-will-aim-for-48k-now-that-bitcoin-s-accumulation-phase-has-begun

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