Bitcoin Struggles at 60k. Is Bitcoin Losing Support?
- price surged to a new all-time high of $61,711.87 on March 8th.
- BTC has struggled to maintain its bullish momentum.
- Bitcoin price rallied thanks to some good news from Morgan Stanley (NYSE:).
Top crypto Bitcoin, remains defiant just under the $60,000 mark as it fights to rebound to it’s all-time high. Bitcoin thrilled investors by breaching the $60,000 barrier and setting a new ATH of $61,711.87 on the 13th of March.
However, the top crypto has struggled to maintain its bullish momentum and even dipped below the $54,000 support level. Fortunately, the coin managed to rebound after some positive news. Firstly, financial giant Morgan Stanley announced it will launch three Bitcoin funds as soon as April. Morgan Stanley joins top rivals Goldman Sachs (NYSE:) and JP Morgan in g
This article first published on coinquora.com
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