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Bitcoin 'needs to clear' $57K liquidity for post-halving rally

From cointelegraph.com

Bitcoin is “looking solid” long term but further BTC price dips are on the radar, fresh analysis says. In a thread on X (formerly Twitter) on April 17, popular trader and commentator Mikybull Crypto described the Bitcoin bull cycle as “on track.” Bitcoin is struggling to reclaim lost ground after diving 15% from all-time highs. Increasingly threatening a breakdown below $60,000, BTC price action has confounded previously bullish sentiment, and a flurry of downside price targets has emerged as a result. For Mikybull Crypto, however, it is “business as usual” for a classic Bitcoin bull market. “Bitcoin is experiencing ... (full story)

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  • Category: Technical Analysis