Crypto News Bulletin from bitcoinist

Wednesday September 18, 2024 12:30 AM
2 months 2 days ago

Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details


Bitcoin is at a crucial point after several days of recovery and consolidation. On August 5, it experienced a sharp capitulation event, with the price dropping to a monthly low of $49,577. While some investors remain skeptical, believing Bitcoin hasn’t reached its bottom yet, key data from CryptoQuant suggests that the worst might be over.

BTC|BUSINESS|TRADING