Bitcoin Bears Still In Control, Here’s Why BTC Price Pump Is Temporary

Quick Summary:

After strong selling pressure earlier this week, the Bitcoin (BTC) price attempted a bounceback.

As of press time, the BTC price is trading 1.5% down slipping under $61,000 levels.

However, it couldn’t sustain past $63,000 for a long time.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: BTC Price Correction Bitcoin price correction BTC price drop Bitcoin (BTC) Price Bitcoin News 24/7 Cryptocurrency News Bitcoin Price Drop

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 04:32:27 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21398793

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 46 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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