Is The Bitcoin Bottom In? CMT Reveals What Investors Need To See Now
Bitcoin slid sharply over the weekend, breaking below $76,000 in thin trading and briefly dipping through the $75,000 area as selling accelerated late Saturday into Sunday. The move pushed BTC into a zone that technician Aksel Kibar has identified as a key band of horizontal support, roughly between $73.7K and $76.5K.That trade-off is deliberate, he added, and it’s part of knowing your own constraints: “Important to know your strength and weaknesses.”
Featured image created with DALL.E, chart from TradingView.com
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