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Did Bitcoin Bottom at $60K? Poll Results Say Otherwise


by Jordan Lyanchev
for CryptoPotato
Did Bitcoin Bottom at $60K? Poll Results Say Otherwise

Share:

AI Overview

Bitcoin faced significant price struggles, dropping below $100,000 after an October crash that led to $19 billion in leveraged positions being liquidated. It has not returned to six-digit territory since November.

Bearish

The past several months have been a consistent struggle for the primary cryptocurrency, which traded above $126,000 in early October – not that long ago.

However, it was rejected there, and the October 10 crash that wiped out over $19 billion in leveraged positions started something that it seems hasn’t ended yet. Although bitcoin didn’t collapse below $100,000 at the time, it did so in November and hasn’t been within a six-digit price territory ever since.

Read the article at CryptoPotato

In This News

Coins

$ 68.62K

-1.63%

Share:

In This News

Coins

$ 68.62K

-1.63%

Share:

Read More

We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?

We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?

BTC's bottom might not be in, warned ChatGPT and said there could be more pain ahead ...
Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move, and More: Bits Recap Feb 13

Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move, and More: Bits Recap Feb 13

Here's everything most interesting around XRP, ADA, and BTC.

Did Bitcoin Bottom at $60K? Poll Results Say Otherwise


by Jordan Lyanchev
for CryptoPotato
Did Bitcoin Bottom at $60K? Poll Results Say Otherwise

Share:

AI Overview

Bitcoin faced significant price struggles, dropping below $100,000 after an October crash that led to $19 billion in leveraged positions being liquidated. It has not returned to six-digit territory since November.

Bearish

The past several months have been a consistent struggle for the primary cryptocurrency, which traded above $126,000 in early October – not that long ago.

However, it was rejected there, and the October 10 crash that wiped out over $19 billion in leveraged positions started something that it seems hasn’t ended yet. Although bitcoin didn’t collapse below $100,000 at the time, it did so in November and hasn’t been within a six-digit price territory ever since.

Read the article at CryptoPotato

In This News

Coins

$ 68.62K

-1.63%

Share:

In This News

Coins

$ 68.62K

-1.63%

Share:

Read More

We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?

We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?

BTC's bottom might not be in, warned ChatGPT and said there could be more pain ahead ...
Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move, and More: Bits Recap Feb 13

Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move, and More: Bits Recap Feb 13

Here's everything most interesting around XRP, ADA, and BTC.