Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

2024-4-17 18:42

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

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$ 63365.97 (-0.02%)
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Senior Commodity Strategist at Bloomberg Calls $100,000 BTC and $5,000 ETH the “Path of Least Resistance”

Mike McGlone, the senior commodity strategist at Bloomberg, argues that digital assets are poised to record new all-time highs now that they have survived the fierce market correction. In the September edition of Bloomberg Crypto Outlook, a monthly report on technical analysis, data, and insight on the crypto market, McGlone doubles down on his propitious […]

2021-9-7 20:18