Bitcoin to Remain Choppy as 'Fed Put' Expires: Analysts – CoinDesk

“We haven’t had a meaningful bounce since we broke below $40,000, just a slow grind up,” said Laurent Kssis, a director of crypto-trading advisory firm CEC Capital. “This doesn’t feel that great given no real support has been established, although, on the positive side, this structure is completely the norm for higher timeframe bottom formations.”

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