Bitcoin’s Rally Faces Potential Stagnation Amid Rising Sell Pressure, Warn Coinbase Analysts

Bitcoin’s recent surge may face a hurdle due to increasing sell pressure, according to Coinbase analysts. Both QCP Capital and Coinbase foresee a potential range-breakout in the fourth quarter of 2024. A staggering rise in BTC saw it hitting a monthly peak at $67.3k, even as U.S. equities experienced a downturn. BTC’s current bullish streak

Source: CoinOtag