From comments that Bitcoin is still on track to reach $40,000 despite the correction to bitFlyer USA being fined $1.2 million by NYDFS for not meeting cybersecurity requirements. Here are some outstanding news in the crypto market.
One widely followed analyst believes that Bitcoin (BTC) is still on track to reach $40,000 despite the recent correction.
Strategist Kaleo told his 583,800 Twitter followers that #Bitcoin could see a sell-off event before heading towards $40,000.
According to the analyst, Bitcoin will likely retest support around $25,000 before regaining upward momentum.
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