FxPro Senior Market Analyst: The coming weeks will be a critical moment for BTC market direction
According to the Odaily report, FxPro senior market analyst Alex Kuptsikevich said that the Bitcoin market is currently hovering near the lows in March. The sell-off in the US stock market on Monday night affected global risk appetite and reversed the initial positive sentiment. He further noted that the next few weeks will be a critical moment for BTC market direction, with a rebound from this area expected to lead to an early recovery to recent highs, and a fall below this level may trigger wider position liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pfizer (PFE.US) overseas price increase gains to be shared with the U.S. government: "Most Favored Nation" contract revealed, over twenty transactions still confidential
According to reports, under a new contract with the U.S. Department of Health and Human Services, Pfizer will share higher overseas drug revenues with the United States.
Autoimmune and inflammatory disease pharmaceutical company TRex Bio (TRX.US) applies for US listing, plans to raise up to 100 millions dollars.
TRex Bio filed documents with the U.S. Securities and Exchange Commission (SEC) last Friday, intending to raise up to 100 million USD through an initial public offering (IPO).
Sui crypto surges 14% – Why traders must watch $1.05 closely