FxPro Senior Market Analyst: The Next Weeks Will Be Critical Moments for BTC Market Direction

Alex Kuptsikevich, senior market analyst at FxPro, said that the Bitcoin market is currently hovering near the lows of March. The sell-off in the U.S. stock market on Monday night affected global risk appetite and reversed the initial positive sentiment. The next few weeks will be a critical moment for the direction of the BTC market. A rebound from this area will hopefully recover to recent highs ahead of schedule. A break below this level may trigger a wider range of position liquidations. (CoinDesk)