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After a wild weekend, bitcoin could take a breather before the next move higher

After a wild weekend, bitcoin could take a breather before the next move higher



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9 Comments

  1. I love baseless conjecture about crypto from news outlets that don’t understand it.

    It might go up. It might go down. It might settle for a while and then go up, or maybe down.

    Just a ton of maybes because they don’t know what to actually say.

  2. tldr; Bitcoin tumbled below its 50-day moving average over the weekend and was again below it on Monday. Bitcoin is expected to consolidate for a period of consolidation before moving higher again, analysts said. The cryptocurrency recently traded close to $65,000, but was at around $55,900 on Monday afternoon.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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