Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on May 01, 2020, 01:04:45 AM

Title: Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace
Post by: newshunter on May 01, 2020, 01:04:45 AM

Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace

A lot of withdrawals are surfacing as Bitcoin reverses course to dip 8% from its 24-hour highs

Source: Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace (https://cointelegraph.com/news/bitcoin-price-slides-below-9k-as-trader-suggests-technical-retrace)

Would appreciate your opinion about this

Title: Re: Bitcoin Price Slides Below $9K as Trader Suggests ‘Technical’ Retrace
Post by: Fenix on May 01, 2020, 06:49:27 AM

Traders make their profit from the great price volatility in the cryptocurrency market. So it was and, probably, it always will be. In addition, after rapid price growth, bitcoin almost always went to the course correction. In general, after a fall in mid-March with the advent of coronavirus, Bitcoin slowly and steadily grows up. While the situation on the cryptocurrency market is not bad.