Analyst: A standalone technical analysis based on chart patterns indicates that Bitcoin could potentially drop to $30,000
Bitget2024/02/14 03:40
IG Australia Pty
market analyst Tony Sycamore wrote in a report that despite the overnight deterioration of risk sentiment,
Bitcoin still demonstrated impressive resilience. Meanwhile, separate technical analysis based on chart patterns suggests it could temporarily drop to $30,000.
Orbit
Markets co-founder Caroline Mauron, a digital asset derivatives liquidity provider, said we expect the market to pause briefly before the upcoming Bitcoin halving takes dominance after an astonishing four-month rise.
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