Today news
About the same in other media
This Bitcoin fractal predicted the fall, but here’s the next price target
Reading now: 167
Bitcoin, along with the larger crypto-market, dropped the ball after the most recent price fall had echoes of 19 May’s crash. With BTC shedding 25% of its value in a matter of a few hours, the market seemed to reset to its September-end levels. While it was trading around the $49k-mark at press time, for a brief moment, it did tread close to $42,000 too.
The aforementioned price fall led to a mass wipeout, giving way to over $2.5 billion liquidations across the market. Ergo, the question – Does the macro bullish outlook for Bitcoin remain intact?
On the daily chart, Bitcoin’s price had been in a falling wedge structure since the 16 November crash. Looking at the larger structure for the past month, it can be argued that the latest crash to
Read more on ambcrypto.comAbout this in other media
Cardano, Binance Coin, The Sandbox Price Analysis: 17 December ambcrypto.com /3 years ago
‘Monster bull move’ means whales could secure the next Bitcoin price surge cointelegraph.com /3 years ago
After another failed ATH attempt, here’s why there’s still some hope for MATIC ambcrypto.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
