Bitcoin Bottom Confirmed? Identifying the Final Hurdles for BTC

The post Bitcoin Bottom Confirmed? Identifying the Final Hurdles for BTC appeared first on Coinpedia Fintech News Two technical indicators now suggest that Bitcoin (BTC) is entering a bottoming-out phase that precedes the next market rally. However, certain conditions must be met before the final major breakout occurs. Just today, Bitcoin fell below $71,000 following news of the US blockade at the Strait of Hormuz. The coin later recovered to trade above …