Renowned crypto trader’s last insights before a ‘couple of weeks’ break
The cryptocurrency market led by Bitcoin (BTC) rose this week, but the resurgence stalled momentarily, with the maiden digital asset appearing to consolidate at around the $67,000 level. Overall, the market remains on edge regarding the next movement, especially for Bitcoin and altcoins. In this line, crypto trading expert Credible Crypto ( Credibull ), in a YouTube video posted on May 19, shared insights and outlook for several digital assets before what he termed taking a break . Below are some of the crypto currencies highlighted by the expert. Bitcoin (BTC) The analyst noted that if Bitcoin is to experience a significant downside move, it should happen from the main resistance area, currently around $71,000. He identified $62,300 to $63,300 as a potential bounce zone, with $59,000 being the ideal target if this area fails. Picks for you Are central banks driving gold prices up despite ETF outflows? 1 min ago Kraken to keep USDT in the E.U. despite regula...