Bitcoin is back above $65,000 just days after the halving, suggesting that the drawdown period for BTC price may be over.
Bitcoin's (BTC) price broke above the crucial $65,000 mark, suggesting that price action could turn bullish just two days after the Bitcoin halving.
Bitcoin reclaimed the $65,000 mark on April 22, which could signal a change in market sentiment that could lead to the end of the current price correction, according to Kristian Haralampiev, structured products lead at Nexo. He told Cointelegraph:
Bitcoin reclaiming the $65,600 mark on the four-hour chart could signal that BTC price is turning bullish, according to an April 22 X post by popular crypto analyst Trader Alan:
