Bitcoin is stuck in a tight range as sellers take a breather from this week’s sell-off. The world's largest cryptocurrency by market cap appears oversold on intraday charts, which could support brief buying, although resistance is seen at the $50,000 resistance level. zkLink co-founder Vincent Yin discusses his analysis and outlook for the crypto markets. Plus, key buying opportunities he's watching in DeFi.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104779/admin
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
