Bitcoin price analysis demands $14,000 or lower for the BTC bottom.
The pair nonetheless failed to convince analysts that better times were on the way, and popular commentator Il Capo of Crypto suggested that it was only a matter of time before downside resumed.
“Htf: lower lows and lower highs after breaking a monthly redistribution range. Below June's low and at supply zone. Ltf: weak trend caused by a short squeeze . Volume dying,” he“12000-14000 remains the main target for a local bottom formation.”
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