By Jordan Lyanchev Bitcoin’s week-long correction drove the asset to a new local low of $62,500, where it finally found some support and now sits at around $63,000. Most larger-cap alts have experienced little to no volatility on a 24-hour scale, aside from LINK and WLFI, both of which are up by over 5%. BTC […]
Tag: BTC
By Jordan Lyanchev Ever since bitcoin started to lose value rapidly and consistently in Q4 last year, the main question within the cryptocurrency community is how low it can go. The next one was: when and where it will bottom out. Analysts began speculating after each leg down. At first, it was $60,000 when BTC […]
By Shayan Markets Bitcoin is testing a critical support area after failing to break above the descending resistance structure that has capped the price for months. With BTC trading around $62.7K, the market is approaching a key decision point, while the elevated Exchange Whale Ratio adds a potentially bearish on-chain signal to the technical picture. […]