10X Research posted on social media that investors should be on the lookout for potential fake breakdowns in price action after bitcoin's triangular consolidation, and that bitcoin's relative strength has fallen back to a low of 40% in this correction, a situation similar to bitcoin's three corrections since early 2023.
10X Research said it was redrawing its bull-bear price line, which had turned bearish at $68,300, and could change its previous view.
10X Research: Bitcoin Could Fake Down Again
2024-05-03 01:53:01
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