CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinGape 2024-10-11 11:26:56

Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000

Despite favorable US CPI data, Bitcoin crashed nearly 4% on Thursday. This sudden drop, however, is almost undone as BTC shot up 3.68% in the past 12 hours. However, many traders suggest that the short-term volatility could knock Bitcoin price much lower, potentially below $60,000. Technical Analysis Suggests Bitcoin Price to Break Below $60,000 A The post Will Bitcoin Price Hold $60,000? Traders predict Possible Drop to $53,000 appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.