for Bitcoin and altcoins, with markets treading water since BTC/USD hitting all-time highs in mid-March.offering bulls consolation any longer.
“If you must panic, at least wait for the almost two-month old support to breakdown first,” popular trader and analyst Rekt CapitalExamining the latest events, Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, described what he considered to be two paths forward for BTC price trajectory.“As long as we trade below $61.5K, scenario is technically more likely. A strong reclaim of $61.5K would give some hopes to the bulls for scenario .
Source: News Formal (newsformal.com)
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