Bitcoin losses could steepen after the cryptocurrency fell below $60,000, analysts say
The bitcoin sell-off could get worse before it gets better, according to analysts who look only at price charts.
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The bitcoin sell-off could get worse before it gets better, according to analysts who look only at price charts.
Wall Street technical analysts expect equities to see a tactical bounce after recent declines. The S&P 500 is coming off its worst week in more than a year.
The S&P 500 futures chart has shown a similar trend three times in the past eight sessions.
Bitcoin's all-time high is in clear view after the cryptocurrency surpassed $57,000 on Tuesday.
A big week of earnings, economic reports and an FOMC meeting has the potential to roil markets that are already flashing some signs of exhaustion.