Bitcoin Price Flirts With $59K: Analyst Urges It’s Time to Accumulate Bitcoin and Altcoins

Quick Summary:

Amid rising geopolitical tensions, Bitcoin faced a setback and is now teetering on the edge of breaking below the crucial $60K mark.

But how far could Bitcoin fall?

Analyst Virtual Bacon identified key levels for potential corrections: around $62,500 and between $58,800 to $60,000.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: Bitcoin Price Analysis Crypto news News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 12:41:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 22865321

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 34 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 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: #112

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