Bitcoin Analyst Warns Price Could Dip Below $20,000; Here’s Why

2021-1-13 09:00

The cost of one Bitcoin could end up plunging below its 2017’s record high of $20,000. That is, according to a pseudonymous analyst, who determined the cryptocurrency’s bearish outlook based on a classic head and shoulder pattern.

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Bitcoin (BTC) на Currencies.ru

$ 69761.69 (+0.85%)
Объем 24H $45.646b
Изменеия 24h: 2.93 %, 7d: -3.96 %
Cегодня L: $69039.59 - H: $69761.69
Капитализация $1379.762b Rank 1
Цена в час новости $ 34797.65 (100.48%)

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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […] The post Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges appeared first on CryptoSlate.

2024-5-1 11:42