Compass Point Urges Caution on Bitcoin Purchases Below $98,000

Investment bank Compass Point has advised investors to exercise caution when purchasing Bitcoin during price dips until the cryptocurrency surpasses $98,000. According to NS3. AI, this figure represents the average cost basis for short-term holders. Despite Bitcoin's recent rally reaching $97,500, its inability to exceed this threshold has intensified worries about a potential extended downtrend source: https://www.binance.com/en/square/post/35392495584194?utm_source=BinanceNewsRSS