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Bitcoin Is Weak: BTC Recovery Will Be Delayed, Here’s Why Bitcoinist 1个月前

Bitcoin Is Weak: BTC Recovery Will Be Delayed, Here’s Why 📉

Bitcoin is currently weak, experiencing a contraction from its July 2024 peaks to below $66,000. Bears are targeting the $60,000 mark, pressuring further decline. Despite this, bulls remain optimistic about a potential rebound. The technical analysts highlight the zone between $66,000 and $70,000 as critical for buyers to break through in order to initiate any new uptrend.

Source: bitcoinist.com ↗

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