BTC long-term rally is ‘broken’ until price reclaims $85,000, Deribit executive says
Bitcoin’s BTC$66,914.52 long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit. The largest cryptocurrency has settled into the $60,000 to $70,000 range in the past week, some 45% below the record high it hit in October. It’s on track to
