Home Blockchain News Bitcoin in Danger Zone? Traders Brace for BTC Fall to 12-Month Low as Market Drops 4%

Bitcoin in Danger Zone? Traders Brace for BTC Fall to 12-Month Low as Market Drops 4%

by Rss Feed from web
232 views
cryptocurrency news feed

In the last 24 hours, the prices of major crypto assets have fallen by more than 5 percent as the Bitcoin price declined by around 2 percent. In consideration of the pattern of BTC since early January of achieving lower highs across four consecutive weeks, some traders expect Bitcoin to test its 12-month low. In mid-December, Bitcoin dropped to as low as $3,122 against the USD. After showing some signs of recovery in the latter half of the month, the dominant cryptocurrency initiated a continuous sell-off. Short-Term Trend of Bitcoin Not Looking Good In the long-term, most executives and investors

The post Bitcoin in Danger Zone? Traders Brace for BTC Fall to 12-Month Low as Market Drops 4% appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment