The popular digital asset analyst known as Credible is analyzing the short-term outlook for Bitcoin (BTC), Ethereum (ETH) and one decentralized finance (DeFi) altcoin.
The trader says in a new Loom video that he thinks Bitcoin will likely jump up to the $19,000 range “for some proper relief.”
However, he also says the alternate scenario is that Bitcoin loses the “must-hold” level of $16,300-$16,400 and drops to lows around $16,000.
BTC is trading at…
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