Analyst: Bitcoin needs to wait for catalysts to confirm its upward momentum
2024-04-01 10:00:37
On Monday, Bitcoin and other cryptocurrencies fell below critical levels, and the sell-off may be due to a lack of liquidity in the Easter holiday market. Brokerage firm FxPro analyst Alex Kuptsikevich said he still believes that Bitcoin's drop to slightly below $69000 is a consolidation after its rise, which is an important stage before a new round of gains. However, we have seen some erroneous beginnings, so it is best to wait for confirmation that Bitcoin has the ability to rise above $71500.
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