Bitcoin Faces Key Challenge as Analysts Eye Bull Market Support Band for Q4 Recovery

Bitcoin has experienced a significant decline, currently sitting 23% below its peak, with the majority of this drop occurring in the last week. The summer downturn was expected, given predictions that the cryptocurrency’s four-year cycle had not yet peaked. On July 7, financial analyst Benjamin Cowen focused on Bitcoin’s bull market support band (BMSB) as

Source: CoinOtag