Wolfe Research Predicts Bitcoin Downtrend as Crypto Momentum Fades
Certainly! Here’s a summary of the article:
Crypto Market Facing Downward Pressure, Says Wolfe Research
Wolfe Research has issued a report suggesting that the cryptocurrency market, including Bitcoin, is losing momentum. According to their analysis, the path of least resistance for Bitcoin is currently to the downside. This assessment comes amid a broader market struggle, as cryptocurrencies face various headwinds that could put further pressure on prices.
For more detailed information, please refer to the original article on CNBC.