Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
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The scheme would trigger an initial payout within 10 business days, followed by phased resumptions of withdrawals and trading, subject to regulatory compliance.
Successful defence of the $3.88-$3.92 consolidation range suggests the potential for further appreciation toward the $4.15-$4.20 Fibonacci extension targets.
The move—paired with a 15% open-interest drop—keeps pressure on bulls ahead of a looming death-cross setup and a key $2.20 support retest.
The vice president