Don’t Celebrate Bitcoin Price Above $70,000, Analyst Says It’s “Very, Very Bad”
Crypto market analyst Marmot has sounded the alarm on the latest Bitcoin price surge, warning that the cryptocurrency’s rally above $70,000 is a “very, very bad” signal. He argues that Bitcoin has not flipped into bullish territory, urging investors and traders not to mistake the recent rebound as a sign of sustained recovery. Based on his technical analysis, Marmot believes that Bitcoin is yet to reach its true bottom, warning that the flagship cryptocurrency could still face another sharp decline. Why The Bitcoin Price Rebound Above $70,000 Is Bad Marmot has called Bitcoin’s price....
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