Bitcoin In Danger? Analyst Fears BTC Resistance Could Trigger A Downward Spiral
Bitcoin (BTC) has come under intense selling pressure, with crypto analyst Nicholas Merten, known as the host of DataDash, predicting a significant downward leg for the leading cryptocurrency. In a recent strategy session, Merten expressed concerns that BTC is primed for a bearish move.
Merten’s analysis revolves around the persistent resistance that Bitcoin has encountered at a critical channel.
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