Bitcoin volatility incoming: Here’s new springboard to watch out for
As Bitcoin (BTC) bulls grapple with the monumental challenge of sustaining prices above $60,000, a crypto analyst has issued a warning, suggesting that market participants should brace for further downside before any chance of resurgence. In an X post on April 27, the analyst, who goes by the pseudonym YG Crypto, highlighted Bitcoin’s current critical support level of $59,000-$60,000, indicating potential volatility ahead for the leading cryptocurrency. Once this support is established, the analyst suggested that it will be pivotal in determining Bitcoin’s future price trajectory, potentially signaling either a rebound or a breakdown as it serves as the next significant springboard . Picks for you Vitalik Buterin slams cryptocurrency mining ‘quite centralized’ 28 mins ago 2 cryptocurrencies to watch closely next week 2 hours ago Here is why Robert Kiyosaki believes the US economy is in depression 3 hours ago Bitcoin sell-off alert as ETFs ta...