Bitcoin ‘Compressed’ at $62,000 as a Four-Year Adoption Trend Stays Intact
Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research. Key points: Bitcoin is acting just like in prior cycles as it circles a key four-year trend line. Analysis says that BTC price action is currently “compressed” as it trades below a $76,400 target. A new estimate put the…