Bitcoin Market Observers Remain Cautious As Price Movement Slows

Bitcoin Market Observers Remain Cautious As Price Movement Slows

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Source: TheMerkle.com

As the bitcoin market continues to exhibit signs of consolidation following a dynamic start to the year, industry observers are closely monitoring key indicators to gauge the cryptocurrency’s future trajectory.

Despite hovering near its all-time highs, bitcoin has struggled to maintain crucial support levels in recent trading sessions.

Renowned analyst Ali Martinez recently highlighted a potential head-and-shoulders formation on bitcoin’s 30-minute chart. Martinez suggests that if bitcoin manages to sustain

Read More https://themerkle.com/bitcoin-market-observers-remain-cautious-as-price-movement-slows/

The post "Bitcoin Market Observers Remain Cautious As Price Movement Slows" appeared first here TheMerkle.com.

Source: TheMerkle.com

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