Bitcoin is setting up for a near-term downturn that could see it shed a good chunk of its recent gains, even if the longer-term outlook appears healthy for the world's No. 1 crypto.

Topics:  bitcoin   crypto   
BING NEWS:
  • Bitcoin plummets under $57,000 as crypto market faces bear market reality
    Bitcoin (BTC) continued its downward trend for a third consecutive day on Wednesday, marking its poorest monthly performance since late 2022.
    04/30/2024 - 10:09 pm | View Link
  • Crypto washout sends bitcoin below $58,000 into bear market
    By Amanda Cooper LONDON (Reuters) -Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ...
    04/30/2024 - 9:21 pm | View Link
  • Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M
    “The 50-day EMA stands as potential support, while the $60k level seems like robust bottom for the current consolidation range, extending up to $74k,” Yann Allemann and Jan Happel, co-founders of ...
    04/30/2024 - 3:37 am | View Link
  • Not All Cryptos Are Scarce Like Bitcoin
    Crypto evangelists therefore see bitcoin as “digital gold” that, unlike the U.S. dollar, has a finite limit. The term “digital gold” is enough to make anyone take a closer look at crypto ...
    11/17/2021 - 1:39 pm | View Link
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