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Bitcoin falls below $65k, but analysts see firm bottom, reversal on the horizon

From kitco.com

Bitcoin bulls were stymied once again in early trading on Thursday, as King Crypto slid below the $65k level after an overnight climb, but analysts are seeing signs that the bottom could be in and BTC may be preparing for another breakout. Data provided by TradingView shows that after opening the session just below $65,000 on Wednesday evening, BTC followed a now-familiar pattern, with a slow climb through the overnight punctuated by a spike just short of $66k around 3:15 am EDT and another to its session high of $66,455.50 at 7:30 am. But the bulls once again ran out of steam, and the bears took over to put them out ... (full story)

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  • Category: Technical Analysis