Bitcoin Continues to Search for a New Direction: Bitfinex Analysts Say No Need to Panic, Explain Critical Levels for Both Rises and Falls!
Photo: Bitcoin Sistemi
Leading cryptocurrency Bitcoin fell as low as $81,000 overnight amid weakness in South Korean and US technology stocks, but quickly recovered and surpassed $84,000. This situation with BTC, where hundreds of millions of dollars worth of leveraged positions were liquidated, prompted renowned investor Tom Lee to warn that the decline in the South Korean stock market could spill over into cryptocurrencies. In the short term, markets are closely watching this week's US consumer price index as a key determinant. Bitfinex Announces Critical Upward and Downward Levels for Bitcoin!
Source: Bitcoin Sistemi
