Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst

Description

A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen. Pseudonymous analyst Rekt Capital tells his 523,400 followers on the social media platform X that Bitcoin is looking near-term bearish as it struggles to reclaim key support levels on the weekly chart while it chops around the $90,000 range. “[Monday], Bitcoin showed some signs of a relief rally after which price was rejected to almost new ...