Crypto
Bitcoin indicator points to $58,000 after possible 15 percent drop
Bitcoin rose to around $69,300 intraday on April 1 but may fall about 15 percent to the $58,000 range after retesting that level, according to market analysis cited by The Crypto Basic. Analyst TARA said Bitcoin revisited a 0.618 Fibonacci retracement zone near $69,300 and then slipped to around $68,000. TARA said a renewed approach is possible, but viewed the rebound as part of a broader corrective wave.
