Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying

Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation. Bitcoin Correction Not Over: Will Bears Break $50,000? One analyst who took to X confirmed this assessment, adding that the optimism over the last 48 hours... source: https://www.newsbtc.com/bitcoin-news/bitcoin-prices-must-first-breach-50000-before-rallying/