A widely followed crypto analyst says that if Bitcoin (BTC) convincingly breaks above a key level the king crypto would likely eliminate the risk of a macro bearish reversal. Pseudonymous crypto trader Rekt Capital tells his 361,000 followers on the social media platform X that BTC needs to remain above $31,000 to invalidate a bearish The post Bearish Thesis for Bitcoin Nearly Invalidated As BTC Breaks $31,000, Says Crypto Analyst – Here’s Why appeared first on The Daily Hodl .