Bitcoin’s Technical Structure Turns Negative, Analyst Predicts Possible Drop to $50,000

Bitcoin’s (BTC) technical market structure has turned negative, suggesting a potential pullback towards $50,000. This prognosis was highlighted by Markus Thielen, founder of 10x Research, in a note dated June 24th. “If the technical setup remains intact, it could signal a decline towards $50,000,” Thielen commented. A comprehensive analysis of Bitcoin’s potential market movements and

Source: CoinOtag