Bitcoin Slips to $65K Amid Stronger Dollar: Analysts Expect Uptrend Resumption After Pullback

Thursday, 21 March 2024, 21:35

Bitcoin's price dipped to $65,000 as the dollar gained strength, but analysts believe the pullback phase has concluded. To resume its upward movement, Bitcoin must surpass the $69,000 level, according to one trader's analysis.
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Bitcoin Slips to $65K Amid Stronger Dollar: Analysts Expect Uptrend Resumption After Pullback

Bitcoin Slips to $65K Amid Stronger Dollar

Bitcoin experienced a decline in its price, dropping to $65,000 due to the stronger performance of the dollar.

Analyst Predicts End of Pullback

An analyst stated that the pullback phase for Bitcoin is likely over and noted that the cryptocurrency needs to surpass the $69,000 level to restart its uptrend.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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