Is the breakout on hold?
In last week’s bitcoin price analysis, I concluded a weekly forecast with bearish expectations from $250 prices at the time. In case you missed it, here is a quote from last week
“This week I expect bearish prices with targets as low as $166 and possibly lower. Currently, there is no sign of buying pressure enough to take the market past $300”.
This week, prices popped into low $ 210 levels but, not before mixed signals on price action.