Here’s Why Analysts Expect Bitcoin to Plunge Lower in the Near-Term. Cole Petersen | Nov 10, 2020 | 18:00 . Share. Tweet. Send. Share. It has been a relatively uneventful day for Bitcoin, with the benchmark crypto ranging sideways following the immense decline seen yesterday that sent it down to $14,800; The buying pressure at these lows proved to be too much for bears to handle and Bitcoin loses half of its value in two-day plunge. Published Fri, Mar 13 2020 4:48 PM EDT Updated Fri, Mar 13 2020 8:37 PM EDT. Kate Rooney @Kr00ney. Key Points. The world's most widely held Bitcoin Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge. Cole Petersen | Nov 07, 2020 | 16:08 . Share. Tweet. Send. Share. Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000; Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level ; One Bitcoin Price Sees Biggest Plunge in Weeks, is a Gigantic Drop Inevitable? By. Lorenzo Stroe - May 21, 2020. 970. Share. Twitter. ReddIt. Telegram. WhatsApp. Advertisement After a bearish day yesterday, Bitcoin has continued with this negative trend today as well and bears managed to break the $9,326 support. Bitcoin experienced a 3% crash within one-hour dipping below $9,000 briefly. Bulls Bitcoin prices fell to their lowest since January today. (Photo by Chesnot/Getty Images) 2018 Chesnot. Bitcoin prices have fallen sharply in the last few days, declining close to 20% as the global Cryptocurrencies took a battering following a global sell-off in stocks, with bitcoin seeing a near 40% plunge.. The market capitalization, or total value of the entire cryptocurrency market
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