“There’s no upcoming news that may have a price correlation with bitcoin except the halving, which may provide returns in the medium to long term,” shared Ryan Lee, Chief Analyst at Bitget Research, in a note to CoinDesk. “It’s also important to take market’s psychological levels, such as BTC prices ranging from $50K to previous ATH, which may cause larger price retracements.”
Source: https://www.coindesk.com/markets/2024/02/13/solana-leads-gains-in-crypto-majors-bitcoin-metric-suggests-low-retail-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines