BTC price bounces to $55,200 after huge sell-off but bears could still sink it to support above $51k Bitcoin’s price has bounced off lows of $53,400 after bears attempted to send it to yesterday’s lows of $51,540 — the lowest price level for BTC since 26 March. As of writing, the BTC/USD is looking to break above the $55,200 resistance level. The technical outlook shows that … [Read more...] about Bitcoin price outlook: BTC seeks to bounce off $54k after sell-off
54K
Analysts still ‘bullish on April’ despite Bitcoin price drop to $54K
On March 23 bears managed to push the price of Bitcoin (BTC) below the $54,000 support level as various on-chain data suggests that whale wallets have begun slowing down purchases and are transferring the risk to retail investors. Data from Cointelegraph Markets and TradingView shows that the downtrend that began on March 22 and continued into Tuesday s the price retested the … [Read more...] about Analysts still ‘bullish on April’ despite Bitcoin price drop to $54K