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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: SRShanuka2020 on May 10, 2020, 08:30:26 PM

Title: 15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
Post by: SRShanuka2020 on May 10, 2020, 08:30:26 PM

15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving

(https://i.imgur.com/lm8aDoG.jpg)

At 12:40 A.M. UTC time Bitcoin (BTC) price dropped from $9,574 to $8,112 in the course of 15 minutes.

The 15.30% drop came after the top-ranked digital asset on CoinMarketCap struggled to reclaim the $9,800 support after falling below the support which formed the base of a bull pennant and was also aligned with a high volume node on the volume profile visible range indicator.

Visit For More info: Here (https://cointelegraph.com/news/15-correction-drops-bitcoin-price-to-8k-two-days-before-btc-halving)

Title: Re: 15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
Post by: MrSpasybo on May 10, 2020, 10:43:21 PM

Bitcoin halving is coming very close, and everything is possible at the moment because there are people who want to buy BTC because they believe the price will increase after halving, but there are also people who want to make profit immediately to avoid price falling risk after halving.
I am more interested in the situation of BTC price after halving, and before halving, at the moment it can be said that the price of BTC will be maintained around $9k-10k.