Matrixport: $62,000 is the key support level for Bitcoin
On April 29, Matrixport released its latest report showing that the cryptocurrency market is in urgent need of positive catalysts, otherwise if Bitcoin fails to successfully test the $62,000 support level, it may open the door to a sharp drop in prices. At the end of February, Bitcoin rose by nearly $10,000 in five trading days. If the $62,000 support line fails to boost Bitcoin prices, previous gains may be at risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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