“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,” Katie Stockton, a chartered market technician and founder and managing partner of Fairlead Strategies, wrote in a weekly analysis published Monday. “Intermediate- and long-term momentum indicators are still pointing lower, increasing risk of another significant downdraft in the months ahead.”
BlackRock’s IBIT Flips Grayscale to Become the Largest Spot Bitcoin ETF in the U.S.
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