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Bitcoin traders split between $70K crash and BTC price rebound within days
Bitcoin circled $88,000 on Sunday as traders braced for fresh volatility into the weekly close. • Bitcoin market participants have mixed views over short-term BTC price action with the market stuck below $90,000. • Six-figure BTC price forecasts contrast with preparations for a return to $70,000. • Binance inflows are among the causes for concern, says analysis. Data from Cointelegraph Markets and TradingView showed modest moves in a defined weekend range for BTC/USD. chart The pair traded within a $5,000 corridor for its eighth day, and the trading community increasingly saw a breakout attempt coming next. ... (full story)
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