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“ Bitcoin (
$61,319.00 ) price action has continued to whipsaw between a wider range of $38 – $47,000 which has thus far remained intact since the beginning of the year,” said Tammy Da Costa, analyst at DailyFX, “Due to the high correlation recently seen between Bitcoin ( $61,319.00 ) and tech stocks, there was a degree of concern about how crypto would react. However, bulls held ground above short-term support at the $40,000 level which now brings the psychological level of $44,000 into play.”
$61,319.00 ) price action has continued to whipsaw between a wider range of $38 – $47,000 which has thus far remained intact since the beginning of the year,” said Tammy Da Costa, analyst at DailyFX, “Due to the high correlation recently seen between Bitcoin ( $61,319.00 ) and tech stocks, there was a degree of concern about how crypto would react. However, bulls held ground above short-term support at the $40,000 level which now brings the psychological level of $44,000 into play.”
$1,626.61 ) Blockchain News
