Short term run for Bitcoin is likely to be over. Similar to the equity market.
The price failed to break the 50 moving average and it is likely to retract to the red line.
Therefore, I am not expecting a new low at this stage.
below $4000 is likely to be the bottom ahead of the Bitcoin halving.
The price failed to break the 50 moving average and it is likely to retract to the red line.
Therefore, I am not expecting a new low at this stage.
below $4000 is likely to be the bottom ahead of the Bitcoin halving.