Bitcoin Hits $70K After Losing Key Cost Basis Zone as Analysts Warn of Deeper Drawdown
Bitcoin is on “the sting of a breakdown,” reported onchain analytics agency Swissblock on Monday. The analysts famous that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown. Consolidation inside this zone appeared constructive, however there was no affirmation, and BTC failed to carry it, displaying little energy when making an…
