Bitcoin: ‘Buy the dip’ frenzy sweeps market following BTC’s crash

Quick Summary:

Despite calls to scoop more coins, a lot of selling is going on, putting more pressure on prices.

As such, the next major demand level was between $40,000 and $50,000.“Bitcoin has breached its $60,000 support level, a critical demand zone.

In the meantime, blockchain analytics platform IntoTheBlock revealed that Bitcoin had breached a critical demand zone at $60,000.

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Article Details

Author / Journalist: Victor Olanrewaju

Category: Crypto

Markets: United StatesNigerNigeria

Topics: BTC Trading View Social News News 1 Bitcoin Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 02:00:37 (3 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21486213

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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