Bitcoin Analyst Says Pre-Halving Rally Is Over, Expects ‘Blood In Altcoins’

2024-2-5 11:30

The outlook for Bitcoin remains mired in uncertainty, according to the latest analysis from veteran crypto traders. On one hand, signs point to pre-halving rallies stalling out and yielding to more rangbound action. origin »

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Bitcoin (BTC) на Currencies.ru

$ 71290.77 (-0.36%)
Объем 24H $46.902b
Изменеия 24h: 3.88 %, 7d: 5.40 %
Cегодня L: $69275.57 - H: $72014.77
Капитализация $1426.733b Rank 1
Цена в час новости $ 43114.71 (65.35%)

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Shock & Awe: Bitcoin Losing Momentum Could Result in Elliot Wave Correction to $1,000

There’s no denying that Bitcoin is at a critical junction, either ready to fall deeper into a downtrend or explode into a new bull rally driven by pre-halving hype and speculation. Losing momentum here, according to one crypto analyst, would almost certainly lead to an Elliot Wave Theory C-wave that would take the cryptocurrency further... The post appeared first on NewsBTC.

2020-1-24 19:05