Crypto Review - Page 108

Bitcoin is slowly sliding to the lower border of $7,000, losing almost 2% over the past day. Long sideways trends have never been in favor of a reference cryptocurrency, and it seems that this time was no exception. It is.

So far, bitcoin has successfully formed a lateral price trend, the result of which, as market participants expect, may be another collapse in the direction of $5,800, China is in full swing towards the implementation of its plans to “blockchain”.

Although BTC has shown consistent attempts to bounce up to $8K, so far we see that every time the cryptocurrency is faced with sellers’ pressure. If we take a broad perspective, the cost of the cryptocurrency is now 108% higher.

During the last five days, Bitcoin has been trying to form a sideways price trend. The benchmark cryptocurrency, though wobbling, cannot confidently go beyond $7,300 in any direction. Price rebounds reach $7,500, where the sale of the asset begins. Nevertheless,.

The end of the year for Bitcoin isn’t at all the way crypto enthusiasts expected it to be. Although the benchmark cryptocurrency is almost 90% higher than it was a year ago, market participants do not want to believe that.

Bitcoin experienced significant price fluctuations during the weekend, which reached up to $7,800 on November 30. However, by Monday morning the benchmark cryptocurrency had already turned down again and is traded at around $7,200. It is noteworthy that price fluctuations.

The end of the week turned out to be much more favourable for the crypto market than its beginning. Bitcoin was able to return from the area below $7,000 and clings to levels around $7,500. In June and October, this.

Bitcoin settled around $7,100 and started to grow. Investors wanted to make sure that the sell impulse dried up before they started buying. Bitcoin rose by 5% in the last 24 hours and traded around $7,600. The technical indicators showed.

Bitcoin wakes up after declining over the weekend and at the beginning of a new work week. Over the past 24 hours, the first cryptocurrency bounced back from recent lows to around $7,100 in the middle of the European session..

Black Friday turned into a bloody Monday for Bitcoin and the whole market of cryptocurrencies in general. In just four days, Bitcoin lost $1,300 or 16% in price and traded around $6,700 at the time of writing. The total capitalization.

It’s Black Monday for Bitcoin. The benchmark cryptocurrency has dropped by 9% during the last 24 hours, touched 6500 earlier this morning. The altcoin market feels even worse. If prices remain at current levels, we may see a chain reaction.

Bitcoin has almost entirely offset the growth, which the cryptocurrency managed to achieve at the background of Chinese FOMO. Bitcoin has lost more than 5% in the last 24 hours and trades around $7,500. The decline below the 200-day moving.