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According to Cointelegraph: A Bitcoin analyst has predicted that Bitcoin may take 'several more weeks' of consolidation before breaking the $70,000 barrier, as the cryptocurrency's price faces continual rejection above this level.
According to CryptoPotato, Bernstein, a prominent brokerage firm, has expressed optimism about Bitcoin's future trajectory despite its recent struggle to reclaim its position above the all-time high of over $73,000.
Alone in the green among the major cryptos is solana (SOL), ahead 5% as the CME announced plans to add SOL futures to its crypto platform on March 17. SOL, however, remains off by 36% over the past month and well beneath the levels it was at prior to the November election victory of Donald Trump.
Redbord said. Thatβs why the Treasury Secretary and Attorney General need to sign off on this kind of strategy.