Analysts forecast a Bitcoin run above $100,000 now that BTC reclaimed the $61,000 level.
Bitcoin is rebounding from two-month lows below $57,000 with a 5.2% leap over the last 24 hours.
Data from Cointelegraph Markets Pro and TradingView reveals that Bitcoin’s (BTC) price rose from lows of $56,551 on May 1, climbing 9.85% to an intraday high of $62,123 on May 3.
What levels should traders and analysts watch for BTC on the upside as marketwide recovery continues across crypto markets?