Crypto
Bitcoin bottom call gains traction, but experts eye $65,000 and $79,000
Talk is growing that bitcoin is entering a phase of building a short-term bottom, but its rebound has yet to be confirmed as risks remain. Coinbase Institutional and Glassnode said major cryptocurrencies may recover later in the second quarter, and surveys showed investors see bitcoin as undervalued. Some analysts highlighted $79,000 as a cost basis level and $65,000 as key support, while others warned of May declines and heightened volatility.