[[{“value”:”On Monday, Bitcoin, the largest cryptocurrency asset, suffered a major decline, which saw its price dropping as low as $49,000 due to a broader market decline triggered by Japan’s stock market downswing. However, following the black Monday event, the crypto asset has recovered strongly, surpassing major assets in the world like the Nasdaq Stock, as cited by crypto analyst Nachi.
Bitcoin Recovery Is Still Holding Strong
Nachi, a crypto analyst and leading trader by PNL on Binance, has delved into the recent price action of Bitcoin after the general market crash witnessed between Sunday and Monday. In the post on the X (formerly Twitter) platform, the analyst began by pointing out BTC’s resilience, particularly in the past 3 days.
According to the expert, since the Monday crash, there has been a significant reaction in BTC’s price from the bottom in the previous 3 days. As a result, the crypto asset has returned to the previous resistance level between $59,000 and $61,
We współpracy z: https://bitcoinist.com/bitcoin-outshines-nasdaq-stock-in-market-recovery/
