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5 Reasons Bitcoin Price Can See Steep Correction Before $100K

CoinGape LogoCoinGape13h ago

5 Reasons Bitcoin Price Can See Steep Correction Before $100K - CoinGape

Quick Summary:

However, the latest on-chain data and metrics indicate Bitcoin price could face a steep correction of 10-15% ahead.

Bitcoin investors have been looking forward to $100K levels as the bulls hold BTC above $90,000 on the weekly close.

As reported by CoinGape, selloffs by Bitcoin miners last week following the recent run-up triggered a decline in prices.


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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 07:15:30 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23652178

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

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The story "5 Reasons Bitcoin Price Can See Steep Correction Before $100K" has 549 words across 42 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "5 Reasons Bitcoin Price Can See Steep Correction Before $100K" was covered 13 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 17 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #23652178
  • URL: https://beamstart.com/news/5-reasons-bitcoin-price-can-17319154981645

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