Down but not out. Bitcoin's stair-step bullish trajectory is still intact

Read original at CoinDesk·

Down but not out. Bitcoin's stair-step bullish trajectory is still intact

60-second summary

Bitcoin dips to roughly $84,200 on Wednesday, yet remains within its recent trading range, preserving the stair‑step bullish trajectory that has guided its recent gains. The modest pullback signals temporary profit‑taking rather than a trend reversal, suggesting that momentum stays strong and the market may continue climbing higher if buying pressure persists.

Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.