Bitcoin Expected to Consolidate and Breakout as Yields May Fall | Flash News Detail | Blockchain.News

Bitcoin Expected to Consolidate and Breakout as Yields May Fall

10/25/2024 7:30:00 AM

Bitcoin Expected to Consolidate and Breakout as Yields May Fall

According to CryptoMichNL, Bitcoin has experienced a dip towards the $65,000 area. The market is now expected to enter a phase of consolidation followed by a breakout starting next week. Additionally, the expectation is that yields will start to fall again soon, which could propel markets higher. (Source)

Bitcoin CryptoMichNL yields

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast