The worst-case scenario for Bitcoin? $14K, according to this trader.
the"worst-case scenario," meanwhile, popular analyst Venturefounder began to put more faith in $14,000 — an 80% drawdown from current $69,000 all-time highs."The speed of the $20k capitulation surprised me a little, thought it would have taken longer to happen. But knowing the macro narrative , it makes sense.
Between current spot price and that target lay areas where whales had purchased significant amounts of BTC in the period immediately after the March 2020 COVID-19 market crash. As on-chain monitoring resource Whalemap noted, these potential"bubbles" of support lay at $19,000, $16,000 and $14,000, respectively.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin price falls below $20K for first time since 2020, Ethereum dips under $1KBitcoin just dropped below its previous cycle high for the first time ever.
Weiterlesen »
Bitcoin Is Reaching Mid-Halving in Upcoming Months, Here's How Price Bottomed In Previous CyclesICYMI: $BTC mid-halving may save the flagship crypto from dropping further Bitcoin BTC
Weiterlesen »
Jim Cramer Expects Bitcoin to Dump to $12,000, Its 'Pre-Fiasco' LevelFamous CNBC host expects BTC to keep going down to $12,000, says Novogratz and Saylor are trying to prevent further fall
Weiterlesen »
Russian Central Bank: Bitcoin, Crypto Payments For International Settlement Is “Possible”The head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility.
Weiterlesen »
Bitcoin Breaks Down $20K: Crashes Below 2017’s Previous All-time HighBitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges. For the first time since December 2020, the price of BTC traded below $20,000 on Binance. As of writing these lines,...
Weiterlesen »
Bitcoin (BTC) Price Analysis for June 18Has BTC found the bottom yet? NickSzabo4 alistairmilne Maybemore_DC WhalePanda
Weiterlesen »