Why Bitcoin Could Rally to $24,000 Before Seeing Its First Major Retrace

Why Bitcoin Could Rally to $24,000 Before Seeing Its First Major Retrace

Bitcoin has been flashing some signs of strength today as its buyers attempt to flip $16,000 into a support level Although it has yet to reject at this level, it has also been unable to secure a firm foothold above it One on-chain analyst is now noting that he expects Bitcoin’s ongoing rally to extend significantly further before buyers are met with any significant resistance He is specifically watching for a move to $24,000, noting […]


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Altcoins have been moving significantly higher throughout the past few days and weeks, with the DeFi sector, in particular, seeing some immense momentum This comes after a multi-month phase of losses that altcoins faced, with those residing within the DeFi sector being struck particularly hard by this Ethereum’s recent explosive rally higher, however, helped put a firm end to this trend The cryptocurrency did see a retrace last night, however, and it is once again […]