Today news
About the same in other media
Bitcoin retests support with trader forecasting $55K BTC price dip
Reading now: 610
Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8am UTC.
The pair saw a difficult 24 hours after hitting local highs above $64,000, finally bouncing at $60,000 in a brief but significant dip.
The plebs continue to stack.
While some suggested the price action was a gift to investors looking to add to their BTC stash before further upside, analysts were more focused on longer timeframes.
"BTC retest has been successful for three weeks in a row thus far," Rekt Capital noted about the strength of the $60,000 mark.
"It's unfolding exactly as I expected: BTC completed its bounce to 64k and ETH's
Read more on cointelegraph.comAbout this in other media
Bitcoin Taproot upgrade improves the network as BTC price impact may be limited cointelegraph.com /3 years ago
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K cointelegraph.com /3 years ago
Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
