CoinInformerCoinInformer
Market Updates

Bitcoin failing 7 times to break $71,500 is much more ominous than boring ‘sideways action’ - CryptoSlate

1 min read
Bitcoin failing 7 times to break $71,500 is much more ominous than boring ‘sideways action’ - CryptoSlate

Bitcoin has attempted to break the $71,500 resistance level seven times without success, raising concerns among analysts about potential bearish sentiment rather than simply indicating a period of sideways trading. This persistent failure to surpass the key price point may suggest underlying weaknesses in market momentum, prompting investors to reevaluate their strategies.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

You might also like