Tag: BTC price analysis

Testing times continue for Bitcoin bulls with the trillion-dollar market cap next up for support.

One analyst hails a successful retest of monthly support, but nervousness is increasing on the back of 11% daily losses.

Technical data contrasts with sideways price action as analyst warns not to sell BTC at $62,000.

Sellers are now lying in wait above $49,000 as bulls avoid another tumble toward support at $43,000.

The supply shock valuation model delivers an extra reason to be long-term bullish on upward price movement.