CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Daily Hodl 2024-07-11 18:05:01

Here’s What Bitcoin Needs To Do To Confirm a Breakout From the Current Downtrend, Says Analyst

A widely followed crypto analyst believes that Bitcoin (BTC) could remain in a downtrend unless two key events occur. Pseudonymous crypto trader Rekt Capital tells his 482,600 followers on the social media platform X that a bullish Bitcoin reversal could be confirmed if the crypto king convincingly flips the descending trendline into support. “Bitcoin needs The post Here’s What Bitcoin Needs To Do To Confirm a Breakout From the Current Downtrend, Says Analyst appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.