Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip

Quick Summary:

Bitcoin’s short-term outlook continues to appear negative as volatility mounts in the general crypto market.

Over the past few days, the digital asset has dropped as high as 11% since reaching a new all-time high, triggering speculation within the community about an extended price correction to previous support levels.

According to the market expert, Bitcoin could drop as much as 30% in the following days.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Moving Average Convergence Divergence Bitcoin News James Van Straten Bitcoin's Entity-Adjusted URPD Metric MACD Market Sniper Trading Bot Jesse Olsen Titan of Crypto Bitcoin ConDesk Btcusd BTCUSDT Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 17:00:09 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 482 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24643591

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

Frequently Asked Questions