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Bitcoin Could Drop Below $60K, Says Galaxy Analyst—Here's Why
Bitcoin has fallen 38% from its all-time high, but it might be headed for a slide below $60,000, according to a Galaxy analyst. In brief Bitcoin has …
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Bitcoin quotes close to $75,600 after falling 3.7% in the last 24 hours and more than 15% in the last month. BTC accumulates a drop of almost 38% since its historic peak in October, when it exceeded $127,000. Galaxy indicates that structural weakness in the price made and in the 200-week moving average leaves Bitcoin exposed to further declines. One analyst notes that BTC could first go back to the bottom of the supply gap at $70,000 and then ap…
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Cryptocurrency News | Cryptocurrency Prices | Market Cap
Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin Could Drop Below $60K, Says Galaxy Analyst—Here's Why
Bitcoin has fallen 38% from its all-time high, but it might be headed for a slide below $60,000, according to a Galaxy analyst.
·New York, United States
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