Bitcoin Below $60K Could Trigger ‘Panic’ Selling, Crypto Analyst Says

BTC has largely remained range-bound between $60,000 and $70,000 since March, with the highly-anticipated halving event in April turning out to be a sell-the-news play amid a general lack of market catalysts. Inflows from exchange-traded funds (ETFs) have waned in the past few weeks, as reported, adding to a bearish sentiment.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 16,134
Markets: 1,190
Marketcap: $ 3.83 T
24h Vol: $ 249.10 B
BTC Dominance: 53.68%