According to data from CoinMarketCap, the price of Bitcoin returned above $67,000 with a 1.19% gain in the last 24 hours. Bitcoin appears to have found some stability in this region amidst multiple projections of further price gain. Interestingly, popular crypto analyst with X handle Rekt Capital has unveiled a particular scenario in which Bitcoin might actually build on its current positive performance. Related Reading: Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000 Bitcoin Enters New Range-Bound Market – Rekt Capital In an X post on July 20, Rekt Capital shared that Bitcoin closed its daily candle of the previous day above the support level of $65,000. According to the analyst, if BTC experiences a price dip to this level as seen in mid-May, a successful retest will allow the token to reignite its current price rally. Following the development of this projection, Rekt Capital predicts the crypto market leader could reach as high as $71,500, a price region last seen in early June. However, in a subsequent post, Rekt Capital suggests that Bitcoin may not record more gains past this leve ..
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