Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

Here’s What Bitcoin Needs To Do To Confirm Bullish Breakout, According to Trader Who Nailed 2024 BTC Correction

A crypto analyst known for accurately calling Bitcoin’s pre-halving correction last year believes that BTC needs to reclaim a key technical indicator as support to regain bullish momentum. Pseudonymous crypto strategist Rekt Capital tells his 542,600 followers on the social media platform X that BTC appears to be mirroring its price action in 2021 when … Read more

Bitcoin Drops Below $85,000 Amid Market Correction

Bitcoin price chart showing dip below $85,000 amid market correction

Despite the drop, a CryptoQuant analyst known as Banker believes this pullback could signal a bullish rebound. The analyst pointed to three key indicators suggesting Bitcoin might recover soon. One of the leading indicators is a decline in Bitcoin’s open interest. Figures show open interest decreased by 14.42% on March 1. This is evidence of … Read more