Key takeaway:
-
Bitcoin charts forecast further downside, but traders remain hopeful that a short squeeze to $98,000 will reverse the bearish trend.
Bitcoin (BTC) has been trending down alongside the broader crypto market since Nov. 3, dropping to a six-month low of $88,267 on Thursday. With key economic data expected on Thursday and Friday, markets could see volatile price swings toward key BTC price levels over the next few days.
Bitcoin must reclaim $98,000 to “flip momentum”…
Read the full article here
