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Bitcoin Price Outlook: Intraday Bearishness Expected, But Uptrend Intact

From investingcube.com

Bitcoin prices are presently struggling to retake the $60,000 psychological price level. However, the Bitcoin price outlook shows that the uptrend on the asset remains intact in the short-term and medium-term, and any dips could be accumulation opportunities. This Friday, Bitcoin dominance has fallen slightly, despite heavy movements by whales that is gradually drying up Bitcoin supply on exchanges. Recently, real estate billionaire Rick Caruso indicated in a CNBC interview that his company now had holdings in Bitcoin, courtesy of his LA-based company Caruso Properties. Technical Outlook for BTC/USD Bitcoin price ... (full story)

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  • Category: Technical Analysis