Bitcoin must climb 92% to rescue last year’s $120K buyers and the escape routes begin at $72K

According to CryptoSlate, Bitcoin is currently trading at around $64,000, leaving buyers from last year's peak of $120,000 facing significant losses. To recover, Bitcoin would need a 92% increase, with key cost bases identified at approximately $72,200 and $76,600, where some investors may look to sell as their losses decrease. The demand at these levels will be critical, as broader participation appears weak and there is still a risk of prices dropping to around $53,000. Read the full story at CryptoSlate . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.