Bitcoin in danger of falling below $50K: Is BTC's bottom here?

2024-8-5 08:00

The rising leverage ratio and Open Interest might be holding Bitcoin back. The pitchfork and 200 DMA support failure pointed to a price drop below $60k. Bitcoin [BTC] fell to $49K in the earThe post Bitcoin in danger of falling below $50K: Is BTC's bottom here? appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 62969.36 (+0.18%)
Объем 24H $33.727b
Изменеия 24h: -0.51 %, 7d: 4.24 %
Cегодня L: $62864.23 - H: $63209.62
Капитализация $1244.217b Rank 1
Цена в час новости $ 52679.6 (19.53%)

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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