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Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000 Coingape 11 қаз 2024

Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000 📉

Bitcoin faced a nearly 4% drop despite favorable US CPI data, reflecting the cryptocurrency's inherent volatility. Within 12 hours, Bitcoin rebounded by 3.68%, indicating rapid market fluctuations.

Many traders remain cautious, suggesting that this volatility could drive Bitcoin's price below the critical $60,000 mark. Technical analysis supports this view, indicating potential further declines.

There is speculation that Bitcoin's price could drop as low as $53,000, emphasizing the unpredictable nature of its market movements.

Дереккөз: coingape.com ↗

Ұқсас мақалалар (24)

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