DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin Cryptonews

Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go?

Bitcoin (BTC) is down sharply on Wednesday, with analysts citing a massive sell order on the world’s largest crypto exchange Binance and hotter-than-expected UK inflation data as weighing on the price action. BTC/USD was...

Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go?
Bitcoin (BTC) is down sharply on Wednesday, with analysts citing a massive sell order on the world’s largest crypto exchange Binance and hotter-than-expected UK inflation data as weighing on the price action.
BTC/USD was last changing hands almost bang on the $29,000 level, nursing losses of around 4.5% on the day, putting the cryptocurrency on course for its worst one-day performance since the 9th of March....
Read More: Bitcoin Threatens Break of This Key Support Area – How Low Could the BTC Price Go?

Original source

Read on Cryptonews

Related market context