Now Reading:
Bitcoin in Danger Zone? Traders Brace for BTC Fall to 12-Month Low as Market Drops 4%
Full Article 40 second read

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

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.

Bitcoin price chart from TradingView

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.

Input your search keywords and press Enter.
Secured By miniOrange