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Can Bitcoin Hold $70K? What to Expect as Macro Pressure Rattles the Market
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Bitcoin Holds Above $70K As Analysts Warn Volatility Could Signal Cycle Peak
Bitcoin (BTC) held above the $70,000 level even as traders increasingly positioned for downside, with analysts warning volatility patterns could signal a turning point in the crypto cycle. Bloomberg Intelligence strategist Mike McGlone said Bitcoin’s price behavior alongside falling Nasdaq-100 volatility suggests the market may be entering a late-cycle phase. At the same time, according to CryptoQuant, an analytics firm tracking cryptocurrency d…
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