Analyst Warns of Bitcoin’s Bearish Breakdown as Nvidia Lifts Tech Stocks

TLDR Bitcoin dropped to a new monthly low of $86,400 following a reversal of early gains sparked by Nvidia’s positive revenue outlook. Analyst Cas Abbé believes Bitcoin will consolidate between $85,000 and $100,000 for the next 3 to 4 weeks. Both the Q1 2025 correction and the current pullback were driven by broader macroeconomic fears [...]

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