HomeUncategorizedBitcoin fails to convince that bottom is in with $12K ‘still likely’ By Cointelegraph

Bitcoin fails to convince that bottom is in with $12K ‘still likely’ By Cointelegraph

January 15, 2023

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© Reuters.

(BTC) may be circling its highest levels in months, but few are convinced that the bull market is back.

Ahead of a key weekly close, remains near $21,000, data from Cointelegraph Markets Pro and TradingView shows, with analysts nervous about the good times ending all too soon.

“Wall Street Cheat Sheet” annotated chart. Source: Lemon/ Twitter
BTC/USD annotated chart. Source: Il Capo of Crypto/ Twitter
Bitcoin funding rates annotated chart. Source: CryptoQuant