AytacV123
vip

Bitcoin is experiencing flash fall


There was a brutal 16% fall for Bitcoin in April, erasing the gains of the previous rise that pushed prices above $73,000. As of today, Bitcoin is dangerously below $57,000, its lowest point since late February, signaling a solid entry into bear market territory. Despite the recent carnage, Bitcoin is up 28% year-to-date, driven by a surge in new exchange mutual funds (ETF s) launched in January. However, this positive rating fails to mask the current jolts that have shaken investor confidence.
Analysts offer conflicting interpretations of the current state of Bitcoin. Mags, a popular crypto commentator, suggests that $57,000 could be a crucial support level. It predicts a rise scenario in which the Bitcoin will briefly fall below this mark, triggering a rapid recovery before the week closes; It's a deceptive move that he calls "fraud."
#ContentStar# #BountyCreator# #GateioBountyCreator#
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
Endrose36vip
· 2024-05-01 18:01
thanks ☺️👍🏻 for the information
View OriginalReply0
Ryakpandavip
· 2024-05-01 14:58
fall fall endlessly
View OriginalReply0
RarityTrendsvip
· 2024-05-01 14:09
BTC Halving to Moon 🚀
Reply0
Seyhan0101vip
· 2024-05-01 14:01
Tether generated a net profit of over $4.5 billion in the first quarter of 2024.
View OriginalReply0
Jeo-bitcoinvip
· 2024-05-01 13:41
Unfortunately, the damage is great
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)