Bitcoin Faces Critical Support as Momentum Slows, Analyst Shares Next Target To Buy BTC

2024-1-24 19:30

Bitcoin is showing signs of slowing momentum as it continues to consolidate below the 50% Fibonacci retracement level from its 2022 highs to lows. With the 200-week moving average also lagging significantly behind the current price, traders like Mac believe the markets are headed for slower, choppier conditions in the near term.

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Bitcoin (BTC) на Currencies.ru

$ 96917.43 (+0.03%)
Объем 24H $42.652b
Изменеия 24h: -0.17 %, 7d: -5.48 %
Cегодня L: $96041.94 - H: $97458.26
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Цена в час новости $ 39745.44 (143.85%)

momentum bitcoin price lagging behind current significantly

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Bakkt’s Daily Bitcoin Trading Volume Collapses by -79%

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2019-10-2 13:29