Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’

by Aurelia Butler 12 January 2022, 23:40 139 Views

Many analysts predicted the decline to continue toward the $30,000 to $35,000 range, but the price reclaimed $40,000 as support again and on Wednesday BTC made an abrupt move above $44,000. This rekindled hopes that the $40,000 level is perhaps where Bitcoin may bottom out before continuing its move higher in 2022.

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Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’

China critic Sen. Tommy Tuberville once again bought Alibaba stock

U.S. mortgage interest rates surge by most in almost 2 years

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