Bitcoin Rises After Weekend Profit-Taking — Market Talk
-
Bitcoin is up 1.4% to above $75,600, according to data from LSEG. Bitcoin fell back from $78,000 to $74,000 over the weekend, which analysts attributed to profit-taking, says Linh Tran of XS.com in a note. Bitcoin is rising back above the $75,000 in trading seen as cautious. "This price action highlights a familiar pattern in the current crypto market environment: strong responsiveness to macro catalysts, but a lack of sustained capital flows to maintain a trend," says Tran. Tran forecasts bitcoin to consolidate between $70,000 and $78,000 in the short-term. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260420005799:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Գրանցվել Մուտք