Bitcoin Market Top Is 'Nowhere Near,' Say Analysts as Price Pauses at $120K

Bitcoin Market Top Is ‘Nowhere Near,’ Say Analysts as Price Pauses at $120K


Bitcoin

BTC$120,135.69

cooled off during U.S. trading hours Monday after nearly topping $123,000 earlier in the session, but market top calls are premature, analysts said.

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BTC slipped below $120,000 late in the U.S. day, shedding most of its overnight advance, but holding on to a modest 0.6% gain over the past 24 hours. Ethereum’s ether {{ETH}} slid back below $3,000, while dogecoin

DOGE$0.1972

, Cardano’s ADA {{ADA}} and Stellar’s XLM {{XLM}} declined around 2%-3% on the day. *]:col-start-1 [&>*]:row-start-1 [&_[data-jw-placement-id]]:w-full [&_.jwplayer]:aspect-video [&_.jwplayer]:!w-auto [&_.jwplayer]:!h-auto [&_.jwplayer]:!z-1″>

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