Bitcoin’s gatherings for this week failed to overcome sellers at a level of $ 8,7500, but many analysts still believe that the corrective bottom was at $ 77,000. How will Altcoins interact while BTC trades in a range?
Bitcoin (BTC) continues to sell at higher levels, indicating that the bears did not give up. The commercial resource materials indicators said in a post on X that “Spoofy The Whale” suppresses the price of Bitcoin less than $ 8,7500.
Although the upper trend is currently restricted, the chosen analysts believe that the downside is limited. Arthur Hayes co -founder, Arthur Hayes, said in a post on X that Bitcoin may have reached a bottom at $ 77,000, given that the Federal Reserve announced a slowdown in his quantitative tightening from April.
Daily encryption market data. source: Coin360
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