Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries.
Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvYjU1MGVjY2EtNTY4Ny00Nzk3LTg4YjQtOWRhYTk2MWRiMTE1LmpwZw==.jpg"></p><p>Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries.</p>
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