Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst.
“The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13.
Without $89,000 close, Bitcoin may head toward $69,000
Bitcoin (BTC) last traded at $89,000 on March 7, a level Hyland considers crucial since it was the support area where Bitcoin ultimately ended…
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