Nansen: Bitcoin's Retreat to 70,000 Dollar Range is Part of a Bullish "Macro Correction"
2025-03-11 16:14:29
Aurelie Barthere, principal research analyst at crypto analytics platform Nansen, said that most cryptocurrencies have broken through key support levels at the moment, so it is difficult to estimate the next key price level. For Bitcoin, the next level could be $71,000 to $72,000, the top of the trading range before the Trump election. Despite the decline in investor sentiment, cryptocurrencies and global markets are still in a "macro correction" of the bull market. The market is still in a correction phase of the bull market. Stocks and cryptocurrencies have been realized and are being priced. The Federal Reserve has not taken any measures.
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