Analysts noticed signs of buyer demand around $38,000 in bitcoin, although it remains to be seen if the cryptocurrency can break above its short-term downtrend. For now, bitcoin appears to be “falling out of the window, but latching onto the windowsill,” Alex Kuptsikevich, an analyst at FxPro, wrote in an email to CoinDesk.
Bitcoin Stabilizes as Bearish Sentiment Pauses
