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Bitcoin (BTC) Rally is at Risk — Analyst Says

Avatar photo Sonny S. Watts 7 hours ago

Bitcoin (BTC) is trading near a critical resistance zone as market analyst AlejandroBTC warned that the rally may not hold. He posted a long-term chart showing Bitcoin locked in a rising wedge pattern, a bearish formation that often leads to sharp corrections. According to his analysis, Bitcoin is struggling against resistance levels that have capped […]

The post Bitcoin (BTC) Rally is at Risk — Analyst Says appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.