Bitcoin Momentum Strengthens Despite Short-Term Pause

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Bitcoin $BTC is holding support similar to what occurred in late March before a 16% price rise. Short-term momentum is turning positive.

Damanick is a crypto market analyst at CoinDesk where he writes the daily Market Wrap and provides technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also an equity/fixed income portfolio manager and does not invest in digital assets.Damanick is a crypto market analyst at CoinDesk where he writes the daily Market Wrap and provides technical analysis.

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