Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
CoinTelegraph·
60-second summary
Bitcoin is defying the recent tech stocks sell-off, with its price holding steady amidst a downturn in the broader market. Muted derivatives sentiment and a cash raise by Strategy set the stage for a potential rally to $70,000, as bulls eye a significant price increase despite current market conditions and the overall tech sector's decline.
Despite muted derivatives sentiment, Bitcoin’s decoupling and Strategy’s cash raise set the stage for a potential rally to $70,000.