Bitcoin [BTC] bears stayed ahead of the bulls last week as the king of cryptos’ price registered a decline.
A key indicator pointed out that BTC was near a market bottom.bears stayed ahead of the bulls last week as the king of cryptos’ price registered a decline. However, if the latest data is to be considered, BTC’s path ahead might not have many break-throughs.Bitcoin bears might take a breakrevealed that BTC’s price had dropped by more than 2% in the last seven days. The coin’s price turned bullish days after reclaiming $70k on the 24th of May.
Nonetheless, the upcoming days might look different. Milkybull, a popular crypto analyst, recently posted aAs per the tweet, from a short-term perspective, nothing is looking bearish, but rather it’s gathering momentum for the next move.
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