Fairlead Strategies: Bitcoin's Failure to Hold Above $100,000 May Bring a Correction

Bitcoin

Bitcoin's failure to hold above the key psychological threshold of $100,000 recently reached could trigger a correction for the world's most famous cryptocurrency, believes Katie Stockton, a technical analyst and founder of independent analysis firm Fairlead Strategies, writes Business Insider. In a note published this week, Stockton pointed out that, through the evolution of recent days, Bitcoin has left the historical breakout "unconfirmed," which creates the premises for short-term weakness

Tag-uri: Bitcoin