$BTC is at risk of plunging to $19,000, analyst suggests, but bulls are still holding their line
A drop below $22,000 might launch the digital gold back to the price level the market has not seen for the last two weeks. The main issue with the current state of BTC is the lack of short-term support zones that will protect theLuckily, technical analysis is the only thing suggesting that Bitcoin is losing its grip on $22,000. Inflow data and the trading volume are still ascending, which are direct signals of continuous support provided to the coin by bulls.
Thankfully, the recently discovered facts of Tesla selling 75% of their Bitcoin holdings and of the sharp rate hike by the European Central Bank did not cause any abnormal volatility on the market, which is currently favorable for Bitcoin.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bitcoin Mining Difficulty Sees Largest Drop Since July 2021 as Miners Feel the Texas HeatThe difficulty of mining a bitcoin block fell by 5% yesterday as miners pull their machines from the network due to heatwaves across the U.S. egreechee reports
Consulte Mais informação »
Bitcoin network difficulty drops to 27.693T as hash rate eyes recoveryZooming out on hash rate data reveals that Bitcoin continues to operate as the most resilient and immutable blockchain network.
Consulte Mais informação »
Signs Bitcoin May Have Bottomed: Here’s What Experts Told UsBitcoin's price has been on the decline with seemingly no end in sight. Surely, the price must bottom out somewhere, but where? While we can't predict $BTC's future with certainty, there are a few clues that may tell us when we've hit the bottom:
Consulte Mais informação »
Kate Moss' First Diet Coke Campaign As Creative Director Is Here“I was inspired by my favorite looks worn over the years – and how good they made me feel at the time.'
Consulte Mais informação »
Not just Bitcoin price: Factors affecting BTC miner profitabilityBTC miners might need an accountant because their expenses are going up in comparison to their income. Here's why:
Consulte Mais informação »
Market Wrap: Bitcoin Finishes the Week in Positive Territory AgainMARKET WRAP: Bitcoin finishes 14% higher over the last 7 days and displays a shift between 90- and 30-day correlations with traditional markets. GWilliamsJr_CMT and JimmyHe32 report
Consulte Mais informação »