Bitcoin's Price Volatility Continues Amidst Regulatory Pressure and Predictions of Explosive Upside Move.
TL;DR
Bitcoin's price fell below $27,300 on Bitstamp, with traders eyeing a potential reversal zone at $26,500 and support at $25,000 should current support break down. However, some traders remain bullish, eyeing a potential copycat move of price action from February. Meanwhile, hodlers are in two minds over whether to sell into strength, even during Bitcoin's run to $31,000, with the area at $28,000 and up representing a major breakeven point across the hodler spectrum.
- Bitcoin price tags new April low as traders weigh odds of $25K next Cointelegraph
- Bitcoin (BTC) Setting Up for Explosive Move to the Upside, Says Popular Analyst – Here’s His Target The Daily Hodl
- Bitcoin Prices Fall Further. Regulators Are Keeping Up the Pressure. Barron's
- Crypto Trade Mixed as Weekly Losses Pile Up CoinDesk
- Bitcoin's next all-time high identified as BTC follows pre-halving pattern like 'clockwork' Finbold - Finance in Bold
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