Analyst predicts shocking sign behind Bitcoin’s price
Bitcoin (BTC) may have reclaimed $80,000, but one ******* yst warns that the move lacks the foundation to hold.
On May 4, the top cryptocurrency finally managed to break past its $80,000 barrier. Not once, but twice.
The first time it did was in the wee hours of Monday. However, it pulled back briefly and dropped to the zone of $78,000 as mixed reports of escalating crisis in the Strait of Hormuz spread.
At press time, Bitcoin had recovered and was trading at $80,263, up 2.1% over the past 24 hours.
Related: Bitcoin, XRP slide amid mixed Iran attack reports
https://finance.yahoo.com/...
Bitcoin (BTC) may have reclaimed $80,000, but one ******* yst warns that the move lacks the foundation to hold.
On May 4, the top cryptocurrency finally managed to break past its $80,000 barrier. Not once, but twice.
The first time it did was in the wee hours of Monday. However, it pulled back briefly and dropped to the zone of $78,000 as mixed reports of escalating crisis in the Strait of Hormuz spread.
At press time, Bitcoin had recovered and was trading at $80,263, up 2.1% over the past 24 hours.
Related: Bitcoin, XRP slide amid mixed Iran attack reports
https://finance.yahoo.com/...
1 month ago
