Bitcoin Rises After Weekend Profit-Taking — Market Talk
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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/
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