Bitcoin analysts hold little hope of a $28,000 BTC price breakthrough.
After lingering in a narrow range around 1.5% lower, the largest cryptocurrency was again pushing toward the $28,000 mark ahead of the Wall Street open, yet fielded fresh concerns from market participants over potential losses to come.
“This has usually been a short squeeze into long squeeze . We saw this yesterday again. Good to keep an eye on this region,” he suggested.Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur Hayes
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