โIf bitcoin can hold above this level, it keeps the direct focus on that next push to a fresh record high and towards $100,000,โ Kruger said. โIf on the other hand we see more downside pressure that translates to a breakdown below $59,000, this will delay the short-term bullish outlook and open the door for a more meaningful correction into the $45,0000-50,000 area.โ
Bitcoin (BTC) Price Tumbles Below $61K, Ether (ETH) Below $3K as Crypto Correction Deepens
