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Bitcoin News: Reasons for the Freefall and Why Cathie Wood Remains Bullish
Looking at the latest news on$BTC Bitcoin, the cryptocurrency is officially on its third day of massive selloff since the price crash. At press time, it was down 13% from its current ATH.
The key question now is what are the reasons for this retracement and how far it can fall. Bitcoin was trading at $94,510 at the time of observation, meaning it has lost more than $13,000 in just three days.
The key question now is what are the reasons for this retracement and how far it can fall. Bitcoin was trading at $94,510 at the time of observation, meaning it has lost more than $13,000 in just three days.
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Today, the trend remains bearish, marked by a significant correction from the all-time high and a weakened technical structure.
However, some signals of technical rebound and a sentiment of recovery, associated with expectations on macro factors (such as interest rates) offer a glimmer of optimism: a possible short-term bullish phase.
#Binance #bitcoin #Baissier
However, some signals of technical rebound and a sentiment of recovery, associated with expectations on macro factors (such as interest rates) offer a glimmer of optimism: a possible short-term bullish phase.
#Binance #bitcoin #Baissier
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The crypto market currently 😅
let us know what you think.
your analyses and especially follow us for more information, advice, announcements
#Baissier #cryptouniverseofficial #BTC
let us know what you think.
your analyses and especially follow us for more information, advice, announcements
#Baissier #cryptouniverseofficial #BTC
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binance is the best platform in #TradingCommunity the world especially when you know how to read the $BTC $ETH it's the real cash in #Baissier
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