Bitcoin at Risk of Correction to $42K, Technical Analyst Says

Bitcoin (BTC) remains in a state of calm, but not social media. Ever since Facebook CEO Mark Zuckerberg shared the pic of his pet goat named Bitcoin on Tuesday, the Crypto Twitterati are abuzz with speculation and predicting a moon shot for the biggest cryptocurrency by market value. 

But one analyst studying patterns in price charts says the cryptocurrency may suffer a deeper pullback before resuming the uptrend. The prediction is based on the MACD histogram’s recent drop below zero…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *