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Bitcoin Price Needs a $78K Weekly Close or Things ‘Could Get Ugly’
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Capriole Investments founder Charles Edwards says bitcoin needs a weekly close back above $78,000 “pronto.” The market is currently about $2,000 short of it. One Level, One Deadline Edwards did not mince his words in terms of bitcoin’s near-term trajectory earlier today, stating: Bitcoin needs a weekly close back above $78K pronto or this could […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Failure to reclaim $78K could trigger short-term selling pressure.