The analyst expects Bitcoin to go lower from $58k, indicating a bearish stance if it does not hold that level.
If Bitcoin does not hold $58k, the next support level is $55k, implying a downside move.
Bitcoin is going lower, $58k Crypto analysts be, if bitcoin holds $58k, it will go higher. If it does not, the next level is $55k. Like no fucking shit. @RobinhoodApp please give me an option to hide all these shitty assets from the main screen. https://t.co/Qh8vAxhh6Z
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.2% | +2.3% |
| 1 week | +8.7% | +8.6% |
| 1 month | +10.3% | +11.0% |
| 3 months | — | — |
| 6 months | — | — |