Bitcoin’s $68K Test Isn’t a Crypto Breakdown. It’s a Calendar Trade in Disguise

The recent test of Bitcoin's price reaching $68,000 is not indicative of a fundamental breakdown within the cryptocurrency market. Instead, it can be interpreted as a strategic trade that is closely tied to specific points on the calendar, such as end-of-quarter performance, tax implications, or other time-related factors that influence trading behavior among investors. This suggests that the fluctuations in Bitcoin's value may be more about timing and less about the underlying strength or weakness of the cryptocurrency itself. source: https://blocknews.com/bitcoins-68k-test-isnt-a-crypto-breakdown-its-a-calendar-trade-in-disguise/