Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop.

In a tweet on the day, on-chain monitoring resource Whalemap defined the support levels Bitcoin bulls must defend to avoid fresh significant losses.

Whales dictate “do or die” BTC price support

Bitcoin’s current “no man’s land” price behavior has commentators split on whether the next decisive move will be up or down.

While some are calling for $32,000…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *