Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?

Bitcoin is trading for $59,545, a slight increase of 0.5% in the past 24 hours. Although little, this surge in its price is quite noteworthy as it comes against the backdrop of Bitcoin’s price plunging as low as $57,812 earlier today. Regardless of this modest recovery, a recent analysis by a CryptoQuant author on the CryptoQuant QuickTake platform has revealed that Bitcoin might now be... source: https://www.newsbtc.com/bitcoin-news/analyst-warns-bitcoin-nears-dangerous-territory-40000-on-the-horizon/