Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin…
View More Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical
On April 17th, Bitcoin rose by 2.77%, after Iran declared the Strait of Hormuz commercially open for the rest of its 10-day ceasefire with the US. With the market anticipating further upward movement, an on-chain analysis suggests a retracement could be the next event. On-Chain Metrics Signal Imminent BTC Pullback In a recent QuickTake post…
View More Bitcoin Could See Short-Term Pullback Following Price Rebound — Analyst