Post by: newshunter on June 09, 2022, 01:00:36 AM
BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome.
Source: Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside (https://cointelegraph.com/news/bitcoin-price-recovers-31-5k-but-traders-say-scam-price-action-will-bring-more-downside)
Would appreciate your opinion about this
Post by: Ryu27 on June 09, 2022, 07:45:11 AM
Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside
<p style="float:right; margin:0 0 10px 15px; width:240px;">(https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZmFjOGU5Y2YtMmY5Yi00YzU1LWEzZmUtZDcwNTcwODFhNjhkLmpwZw==.jpg)</p><p>BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome.</p>
Source: Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside (https://cointelegraph.com/news/bitcoin-price-recovers-31-5k-but-traders-say-scam-price-action-will-bring-more-downside)
Would appreciate your opinion about this
That's what you called market challenge here in crypto space.
Where fluctuation and pump its price is most often happened.
And moreover, Bitcoin is not yet on stage of recover. Because its highest price was around 70k+ if I am mistaken, meaning it went down almost 50% in terms of price value. Therefore market fluctuation will continuously move in the crypto space.
Post by: cheezcarls on June 10, 2022, 03:11:50 PM