2.28 Weekend Bitcoin and Altcoin Update: Is It a Consolidation Phase?
Bitcoin and Ethereum surged to around 70,000 and 2,150 respectively, then experienced a significant pullback, dropping to approximately 63,000 and 1,840. Although the decline was substantial, it did not break below the previous support zone, and the overall pattern remains in a wide-range consolidation.
From the monthly chart perspective, there have been nearly six consecutive months of bearish closes, with a notable decline. However, this month’s monthly candle is expected to show a long lower shadow, which could signal a s
View Original