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Bitcoin's dangerous fall

Bitcoin's dangerous fall
Market pictureBitcoin fell all day yesterday, losing around 6% to $27.6K, raising the question of whether we are seeing the start of a prolonged decline.Bitcoin closed below its 50-day moving average on Monday. The price stays below that curve and is stuck at $28.0K after rising 1.3% to today. If it can't quickly surpass it again, Bitcoin's fall below $27K will pave the way for a move to $22K, where the 200-day passes, which became a turning point in March.Twitter analyst Bluntz, who predicted a... Read More
Posted: May 2 2023, 10:50
Author Name: forexlive
Views: 092180

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