W

Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

Finance
Share
Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower.

Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

Source：Cointelegraph

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Memory chips have come to rule the AI boom. Why Micron’s reign could be here to stay.

Semiconductor industry revenue is expected to reach $1.5 trillion this year, driven mostly by memory chips. Source：MarketWatch

New York town weighs crypto mining and AI data center ban

One of the first towns in the US to ban Bitcoin mining for 18 months is considering another temporary moratorium extending to data centers and other crypto…

Walmart’s advertising empire is booming. Here’s what it could target next.

There are some opportunities for the company to tackle in streaming, but perhaps not as many as once hoped when Walmart acquired Vizio. Source：MarketWatch

Franklin Templeton digital asset veteran takes helm at StablecoinX

Former Franklin Templeton digital asset executive Christopher Jensen will lead StablecoinX, the largest corporate holder of Ethena’s ENA token.…

Source：https://cointelegraph.com/markets/bitcoin-under-60k-activates-multiple-setups-with-54k-btc-price-target