Summary of Bullish Bitcoin traders switch sides and target new BTC lows under $60K
Summary of Bullish Bitcoin traders switch sides and target new BTC lows under $60K
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The source article:
Bitcoin's price dropped by $6,000 between Sept. 29 and Oct. 3, reaching a two-week low of $59,860. Analysts predict the decline will continue due to geopolitical tensions in the Middle East and weakness in US economic data. The price is expected to drop further, with some analysts setting targets between $57,500 and $61,300.
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The source article:
quoting nevent1q…zy77Bullish Bitcoin traders switch sides and target new BTC lows under $60K
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/019253ec-f3a5-7165-92e2-05689fe71183
Traders agree that Bitcoin’s short-term price prospects are strongly angled toward the downside.
https://cointelegraph.com/news/bullish-bitcoin-traders-switch-sides-and-target-new-btc-lows-under-60-k
Bitcoin's price dropped by $6,000 between Sept. 29 and Oct. 3, reaching a two-week low of $59,860. Analysts predict the decline will continue due to geopolitical tensions in the Middle East and weakness in US economic data. The price is expected to drop further, with some analysts setting targets between $57,500 and $61,300.