Bitcoin Is Weak: BTC Recovery Will Be Delayed, Here’s Why

Bitcoin is weak at spot rates, contracting from July 2024 peaks to below $66,000. As bears press on, targeting the round number at $60,000, bulls are optimistic, expecting a rebound in the coming sessions. Technically, the zone between $66,000 and $70,000 is a crucial zone that buyers must decisively break for the uptrend to develop. […] source: https://bitcoinist.com/bitcoin-weak-btc-recovery-will-be-delayed/