Bitcoin Recovery Likely To Be 'Slow And Painful,' Analysts Warn: Watch This Key Level

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Influential crypto traders Trader Mayne and DonAlt maintain a cautious, bearish-to-neutral stance on Bitcoin (CRYPTO: BTC), warning that a sharp V-shaped recovery is unlikely. ‘Slow, Grinding' Correction Ahead In their latest podcast, both analysts said they expect a prolonged, choppy correction rather than an immediate rebound. Broader macro risks, particularly potential weakness in equities, could add f ...