Bitcoin (BTC) Nears Two-Month Lows Amid Fears of "Head and Shoulders" Pattern

05/12 15:45

Bitcoin (BTC) has dropped to its lowest level since March 17, with fears of a "head and shoulders" pattern causing concern among market participants. Despite positive macroeconomic conditions, Bitcoin has failed to capitalize on potential gains as bid liquidity has decreased. The long/short ratio has diverged, with long positions now prevalent, according to analyst Philip Swift. However, multiple traders are already anticipating a deeper retracement to $25,000 or even below.

Tăng giáGiảm giá1Chia sẻ

Tuyên bố miễn trừ trách nhiệm：Nội dung trên không đại diện cho quan điểm của HTX.，HTX không đưa ra bất kỳ lời khuyên giao dịch nào.。