“Whereas that is an unpopular narrative, it could be anticipated to see inflows decelerate after costs expertise vital intraday volatility,” the report stated. “Based mostly on our reversal indicators, a retracement to $59,035 seems extra seemingly, providing higher risk-reward entry ranges,” which might point out one other 10% drop from present BTC costs.
Bitcoin Value May Drop to $59K Amid Low BTC ETF Inflows, Analyst Says
