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Can this Bitcoin fractal trigger a 100% rally for the top coin this December?
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$60,000, $56,800, and $54,000 have been crucial price levels for Bitcoin that sent the market in a panic mode and almost created havoc among traders. Each time BTC fell under the aforementioned price levels the chants of “buy the dip”, “Black-Friday discount” and other such positive sentiments anticipating a quick reversal popped up but the larger market’s mood seemed to tilt towards bearish.
As Bitcoin oscillated at $54,366, at the time of writing, its price was merely 20% down from its all-time high, however, the market had reentered “extreme fear” for the first time since the $43K level, on 27 November, 2021.
Source: Alternative .me
BTC’s fall by $6,000 in a single day took its toll on the fear and greed Index, as the score more than
Read more on ambcrypto.comAbout this in other media
Bitcoin, Stocks Largely Unmoved as China Evergrande is Declared in Default cryptonews.com /3 years ago
Bitcoin dips below $50K as Evergrande defaults on US dollar debt cointelegraph.com /3 years ago
Bitcoin hash rate returns to all-time high levels cointelegraph.com /3 years ago
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