Bitcoin Falling, Sliding By Over 20%: This Is Why It Is Necessary
Submitted by Anonymous (not verified) on Sat, 07/06/2024 - 11:30Bitcoin remains under immense liquidation pressure at press time.
Bitcoin remains under immense liquidation pressure at press time.
Following Bitcoin and other top coins, Ethereum is in red, bleeding at spot rates.
Solana is in red for now, but the coin is one of the top performers.
Bitcoin remains within an uptrend from a top-down preview, looking at the performance in the daily chart, especially in Q1 2024.
Even though pumping at spot rates, Tron wasn’t spared the wrath of bears after peaking in February.
Litecoin is rising, days after plunging to fresh Q2 2024 lows of around $70 in June.
Bitcoin is in focus, especially now that the broader market is in the red and some sectors, mostly meme coins, are sliding.
Bitcoin, Ethereum, and top altcoins are falling at spot rates.
Bitcoin is under immense selling pressure at press time, and printing discourages lower lows.
Bitcoin might be weak at spot rates, sliding roughly 13% from $74,800 amid intense liquidation pressure.
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