Analysis: Bitcoin may be adjusted back to US$64,000, and it is doubtful that it will hit US$150,000 during the year."
According to online reports, according to Cointelegraph, analysis shows that Bitcoin's weekly outlook shows a bearish divergence similar to that in 2021, which may trigger a correction of more than 50% to US$64,000. Technical patterns also show that breaking below key support threatens to drop to US$91,000. Although some analysts are still optimistic about the US$150,000 target, they need to break through the key indicator NUDL/MVRV1.0 in the chain to confirm a new round of gains.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
