Analyst Says Bitcoin Price Is Showing Dangerous Weakness, Here’s Why
The Bitcoin price broke above $75,000 earlier this week, marking the highest level for the pioneer cryptocurrency for over one month. But while this move has led to an improvement in the overall investor sentiment, it could end up being a trap. This is called out by analyst TheOnePct, who explained that the correct move could end up being part of a larger Flat correction that began years ago. In this case, it would only be a matter of time before the Bitcoin price falls again
BTC
USDT
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.