The post Bitcoin Price Analysis: Analyst Expects 28% BTC Boom as Investors Flock to Accumulate appeared first on Coinpedia Fintech News

Since Monday, Bitcoin (BTC) has shown reduced volatility, with $28,000 acting as a significant resistance level, while $27,400 has prevented potential capitulation. Amidst the October bullish sentiment, investors are gearing up for a rally that could propel Bitcoin to a new high in 2023. Despite some altcoins rebounding strongly from their bear market lows, Bitcoin’s dominance has remained above 50 percent. Notable performers include Chainlink (LINK) and Avalanche (AVAX).