Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’


$ 83,714.8
€ 75,900.2
¥ 38,800.0
£ 63,552.1
BTC
-1.54 %
$ 1,820.60
€ 1,650.77
¥ 843.78
£ 1,382.11
ETH
-3.13 %
$ 213.29
€ 193.36
¥ 98.83
£ 161.96
XMR
-0.69 %
$ 84.53
€ 76.65
¥ 39.18
£ 64.20
LTC
2.00 %

Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic.