Dec 06, 2024 11:30 pm
Has Bitcoin Reached Its Cycle Top? Insights From Leading Analysts
Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday. What followed was a textbook “Darth Maul” candle on the daily chart, as BTC plummeted from $103,550 to as low as $90,500 before stabilizing. While some observers initially read the move as a harsh rejection at the psychologically significant $100,000 level, leading analysts suggest...
source: https://www.newsbtc.com/news/has-bitcoin-reached-its-cycle-top-insights-from-leading-analysts/