Matrixport: $62,000 is the key support level for Bitcoin
Matrixport released its latest report showing that the cryptocurrency market urgently needs positive catalysts, otherwise if Bitcoin fails to successfully test the support level of $62,000, it may open the door to a significant price drop. At the end of February, Bitcoin rose nearly $10,000 in five trading days. If the $62,000 support line fails to boost Bitcoin prices, the previous gains may face risks.
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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