Bitcoin – Is the Bottom In?
Currently at $40100, the bottom may just be in.
Bitcoin price bottom is in, says Fidelity exec as crypto market exits ‘extreme fear’
“BTC/USD maintained higher levels overnight on Monday after surging through $40,000 resistance. Despite not yet fulfilling traders’ predictions of a $47,000 push, the mood has become broadly positive on the back of fresh high-profile praise from the likes of Elon Musk and Paul Tudor Jones.
For Timmer, the time has come to look higher, not lower, when it comes to charting Bitcoin’s next move.
‘In my view, it looks like the bottom is in,’ he summarized.”
