As Bitcoin’s price consolidation continues, Soros Fund Management CIO Dawn Fitzpatrick believes that the leading cryptocurrency is at an inflection point.
Crypto trader Credible Crypto believes Bitcoin bulls have a task at hand of putting a shield at the $50,000 to $52,000 price level because failure to which a journey towards $40,000 might be unavoidable
Traders tried multiple attempts to push BTC to $60,000 but were rejected and failed to stabilize this level and fell sharply yesterday, reaching a minimum of $53,715.
Crypto analyst and investor Joseph Young has disclosed that BTC is showing considerable resilience despite unfriendly market forces like the surging 10-year treasury yield.