Bitcoin Market Not Positioned for Upside Despite Rally Above $80K, Says Bitfinex

Bitcoin (BTC) is currently on a roll, surging past the $80,000 mark and touching base above $81,000. While this rally could be a reason for positive sentiment, market experts believe otherwise. In a weekly report from the crypto exchange Bitfinex, analysts warned that bitcoin’s rally to $80,000 is misleading because the market is not positioned for upside movement. According to the analysts, BTC is currently stuck be…