Key point:Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time high after a sharp rally. The report added that a mild retracement or consolidation would be healthy and lay the foundation for the next leg higher
source: https://cointelegraph.com/news/price-predictions-5-28-btc-eth-xrp-bnb-sol-doge-ada-sui-hype-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound