Bitcoin has steadied after a brief dip below a critical $90,000 support level on Tuesday, but the leading cryptocurrency's bottom is likely not yet in, Fairlead Strategies founder and managing partner Katie Stockton told CNBC's " Squawk Box ." "The pullback is meaningful," Stockton said Tuesday. "It can be prolonged. We have oversold conditions already, and yet those oversold conditions have yet to give way to a decisive buy signal." Bitcoin, invented in 2008 and the world's first decentralized cryptocurrency, was last trading at about $92,032, down roughly 14% over the past month. The token's plunge has come in tandem with a broader stock market decline as traders rotate out of volatile digital assets and artificial intelligence-linked stocks into more defensive assets amid heightened eco
Bitcoin bottom is falling out. Where Katie Stockton says selling may stop
CNBC Investing1 hrs ago
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