Analyst: Bitcoin is still likely to fall back to $70,000-74,000, investors need to remain vigilant

Odaily News Alex Kuptsikevich, senior market analyst at FxPro, said that the daily chart of Bitcoin is still in a bearish mode, indicating that the selling has intensified after failing to hold the 200-day moving average, which means that the possibility of a pullback to the $70,000 to $74,000 range is still high, and investors still need to remain vigilant. (Coindesk)