Bitcoin will probably trade between $55k and $73k until next catalyst: Galaxy Digital CEO
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- Опубликовано: 13 май 2024
- Mike Novogratz, CEO of Galaxy Digital, joins BNN Bloomberg to talk about some key catalysts for Bitcoin and his range expectations for the digital asset.
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A wonderful market review, i would agree with the title with some good reasons
bitcoin is mainly still in a bullish trend on the higher time frame like weekly
but the market is still in a corrective stance and this remains true, the bulls have not been able to climb above the recent high of 67k and instead made 63k a new resistance
i would be waiting to see price either head lower to 54k and at discount level or wait for it to break above 73k for the bullish trend to continue
right now would be best to watch the market and not predict, As traders we only want to react according to the market conditions
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