CryptoPotato·
Bitcoin remains under significant selling pressure after losing a major higher-timeframe structure and breaking below several key support levels. While buyers have managed to defend the $60K region for now, both the technical and on-chain pictures suggest that the market is still in a vulnerable phase. A legitimate recovery requires BTC to reclaim several overhead […]
Read full articleThis editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. After dipping just below the $59,000 level, Bitcoin […]
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BTC remains calm at around $64,000 now, but more volatility is expected tomorrow.
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Besides the decline in speculative and leveraged appetite for BTC exposure, spot demand has also pulled back.
