Analyst says Bitcoin’s 2024 ‘capitulation is not over’, sets new bearish targets
Bitcoin (BTC) is currently undergoing a notable correction as market fears surrounding the overall economy’s health, exacerbated by disappointing jobs data, continue to grow. Amid the current sentiment, cryptocurrency trading analyst Alan Santana has warned that investors should brace for further losses below the crucial $50,000 mark. In a TradingView post, Santana highlighted that Bitcoin’s 2024 trading pattern is dominated by a bearish trend, which he referred to as a “capitulation event.” Picks for you Manipulation alert on Donald Trump vs. Kamala Harris prediction market 1 hour ago Bitcoin reaches ‘downside target’ and BTC ‘full bull gear’ can start 5 hours ago ...