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Bitcoin’s rebound approaches the $85,000 zone where past buyers may sell
· By MyCryptoSignal Editorial · 61 words
CryptoSlate reports that Bitcoin briefly climbed above $84,000 after a recent selloff, as the cryptocurrency extended its weekend recovery. This rebound faces significant obstacles, according to on-chain indicators and derivatives positioning. The recovery of Bitcoin and Ethereum may be notable for crypto markets as it reverses part of their recent losses.
Read the full story at CryptoSlate: https://cryptoslate.com/bitcoin-approaches-an-85000-wall-as-ethereums-26-5-billion-derivatives-market-flashes-warning-signs
Data, not advice.
Source: CryptoSlate — see our editorial policy.
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