HomeMarketsIndicesScott Bauer Looks At Technicals In Bitcoin
Scott Bauer Looks At Technicals In Bitcoin

Scott says Bitcoin actually withstood multiple negative headlines like regulation, taxation, and psychological mania in the last 2 weeks. He says these issues are in the rear view mirror as long as Bitcoin can quickly fill the gap back above $57,000. Institutions are holding and possibly adding as it consolidates for a bit in a tight 3 or 4 thousand dollar range. Overall, mainstream adoption is still a bullish catalyst despite expected near term volatility.

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