Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
Key points:
Analysts believe that Bitcoin will have to stay above the $68,000 level to continue its recovery.
Several major altcoins have turned down from their overhead resistance levels, indicating that bears remain in control.
Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a...
Amid the ongoing bear market, crypto analyst Darkfost reports that trading activity among Bitcoin retail investors has reached a new...
Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far...
Bitcoin is poised for a reversal if ETF demand returns or a ceasefire occurs, potentially crushing short sellers in a...
As Bitcoin (BTC) holds the crucial $65,000 to $66,000 area, Ark Invest CEO and CIO Cathie Wood has discussed the...
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