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COINTELEGRAPH.COM NEWS · CRYPTO ·

Bitcoin is setting up 'meaningful floors' in $60K–$70K range: Analyst

As reported by Cointelegraph.com News
Bitcoin’s $6000–$70,000 cost-basis cluster hints at a bottom, but a bearish daily flag keeps BTC exposed to a deeper selloff toward $50,000.
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Bitcoin's cost-basis cluster between $60,000 and $70,000 suggests the formation of a meaningful price floor, according to analysts. Despite this potential bottom, a bearish daily flag warns of a possible deeper selloff. Investors should be aware of a potential dip towards the…

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