After surging from its recent lows of $7,800, Bitcoin has been unable to extend its upwards momentum and has continued trading sideways within the lower-$8,000 region. This bout of consolidation has made it increasingly unclear as to which direction BTC will move next, although its next major movement should provide significant insight into this. One...

The post Bitcoin May Target $5,000 in Near Term as Momentum Falters appeared first on NewsBTC.

Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bitcoin Charts.