The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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On the one hand, the repeated bounces off $62k can be taken as evidence that the level is a firm floor for price, which bodes well for the future. Analyst Crypto Feras wrote that they’ve begun to doubt if this recent weakness is just a shakeout of the weak hands.Some are opting for a wait-and-see approach as they look for a clear break in one direction or the other.It's clear where the Range High of the Re-Accumulation Range is Still others are hanging their hopes on the April 19-20 halving event, when the reward for mining a new block will be cut by 50%, to reduce supply, drive interest, and boost price.
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