Bitcoin Fakeout: BTC Price Could Plummet tо This Support Level
Bitcoin spiked tо $61,809 following the CPI data, but quickly fell below $60,000, signaling a fakeout. The price оf BTC fell 8% tо trade at $58,069 amid increased demand for short positions. The break оf bitcoin’s 20-day EMA suggests a bearish trend, with a possible drop tо $54,847. On Wednesday, the price оf BTC reached as high as $61,809 after the US Bureau […]
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