Share this article

Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders

The cryptocurrency's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

It may be too soon to go bottom fishing with bitcoin, some traders say. (Robson Hatsukami Morgan, Unsplash)
It may be too soon to go bottom fishing with bitcoin, some traders say. (Robson Hatsukami Morgan, Unsplash)