BitcoinShort
Bitcoin breaking the $50,000 supportleads to further decline
The whole cryptocurrency market is in red waters now for the second day in a row. Bitcoin's massive drop from its recent high of $61,000 by $9,000 to the current $51,500 and going for the $50,000 major support is the main reason other cryptocurrencies are following the same path. Bitcoin is facing its longest losing streak since December last year as much as the other cryptocurrencies.
Bitcoin is now dangerously sliding to cross below the daily 50MA which could cause even more decline if this happens. If support at $51,500 is broken, the leader cryptocurrency may continue its bearish trend towards $46,000
Bitcoin is now dangerously sliding to cross below the daily 50MA which could cause even more decline if this happens. If support at $51,500 is broken, the leader cryptocurrency may continue its bearish trend towards $46,000
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.