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TechFlow news, Matrixport released a new report stating that the cryptocurrency market urgently needs positive catalysts. Otherwise, if Bitcoin fails to successfully test the $62,000 support level, it could open the door to a significant price decline. At the end of February, Bitcoin surged nearly $10,000 within five trading days. If the $62,000 support level fails to prop up Bitcoin's price, the previous gains could be at risk.
Matrixport's latest report states that the cryptocurrency market urgently needs positive catalysts. Otherwise, if Bitcoin fails to successfully test the support level at $62,000, it could open the door to a significant price decline. At the end of February, Bitcoin surged nearly $10,000 within five trading days. If the $62,000 support level fails to bolster Bitcoin's price, the previous gains could be at risk.
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