FxPro Analyst: Bitcoin is nearing the bottom of its consolidation range over the past 8 days, a correction may be imminent
Alex Kuptsikevich, senior market analyst at FxPro, said that the price of Bitcoin has fallen below $51,000, close to the bottom of the consolidation range over the past eight days. The price of Bitcoin hardly changed on Monday, consistent with reduced volatility over the weekend. The market may be heading for a correction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market news: Polymarket is conducting a new round of financing, with a post-investment valuation of $3 billion.
ETH surpasses $4,600
JPMorgan: The Federal Reserve will cut interest rates by 25 basis points next week
Trending news
MoreCrypto prices
More
