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Author Topic: Bitcoin (BTC) Flash Crashes After Dropping Below $60,000  (Read 376 times)

Offline Altcoin1998$

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Bitcoin (BTC) Flash Crashes After Dropping Below $60,000
« on: April 19, 2021, 01:45:51 PM »
Bitcoin (BTC) reached a new all-time high price on April 14 but decreased considerably shortly afterwards.

Despite the drop, the bullish structure for BTC is still intact. Nevertheless, the short-term recovery has been V-shaped, thus a retracement is expected before eventual continuation.click
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Bitcoin (BTC) Flash Crashes After Dropping Below $60,000
« on: April 19, 2021, 01:45:51 PM »

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Offline pelana vreo

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Re: Bitcoin (BTC) Flash Crashes After Dropping Below $60,000
« Reply #1 on: April 19, 2021, 11:17:15 PM »
Quote from: Altcoin1998$ on April 19, 2021, 01:45:51 PM
Bitcoin (BTC) reached a new all-time high price on April 14 but decreased considerably shortly afterwards.

Despite the drop, the bullish structure for BTC is still intact. Nevertheless, the short-term recovery has been V-shaped, thus a retracement is expected before eventual continuation.click

I hope the current situation is a situation where Bitcoin will try the Bitcoin price support level to reach a higher price, it looks like someone is panicking and selling Bitcoin due to some information from the SEC, but the bullish trend is not over yet, Bitcoin price can still touch $60k in time close
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