10x Research: Bitcoin is expected to rebound strongly this week, but attention should be paid to the key support level of $68,000
ChainCatcher message, 0x Research released this week's market analysis report, key points are as follows:
After two weeks of bearish sentiment, we turned bullish over the weekend, expecting Bitcoin to rise soon, as bearish pressure has been replaced by new bullish sentiment;
The three reversal indicators it focuses on remain bullish and will continue to do so, with expectations that Bitcoin will start a strong rebound this week. Unless the market (Bitcoin) falls below $68,000, the bullish outlook will continue.
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