Bitcoin Expected to Rise on Taproot Upgrade


“Bitcoin’s chart has likely become too noisy to remain a reliable indicator of the crypto market, conceding that role to ether,” Alex Kuptsikevich, an analyst at FxPro, wrote in an e-mail to CoinDesk. “If so, a break of this strong uptrend could prove to be the first signal of a correction,” which might encourage shopping for on dips, Kuptsikevich wrote.