Analyst: Bitcoin may fluctuate between $86,000 and $92,000
According to ChainCatcher, Wintermute's trading strategist Jasper De Maere stated that bitcoin may fluctuate within the $86,000 to $92,000 range. He noted that it is not advisable to overinterpret technical indicators at present and expects more profit-taking in the next two weeks, mainly driven by year-end portfolio adjustments and tax-related factors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Financial Stocks Lower in Afternoon Trading
Jack Mallers stated that bitcoin is the best choice for hard asset allocation.
Paychex Reports In-Line First-Quarter Revenue, Affirms Full-Year Outlook
Exchange-Traded Funds, US Equities Decline After Midday
