Fresh Drop For Bitcoin: Will Bulls Defend $93,257 Once More?

Q: How long will it take to read this news story?

The story "Fresh Drop For Bitcoin: Will Bulls Defend $93,257 Once More?" has 457 words across 71 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Fresh Drop For Bitcoin: Will Bulls Defend $93,257 Once More?" was covered 1 days ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 4 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24094710</li><li>URL: https://beamstart.com/news/fresh-drop-for-bitcoin-will-17332385916110</li></ul>

NewsBTC Logo NewsBTC 1d ago

Fresh Drop For Bitcoin: Will Bulls Defend $93,257 Once More? - NewsBTC

Quick Summary:

Bitcoin Slides Back Toward $93,257 On the 4-hour chart, BTC exhibits negative sentiment, attempting to drop below the 100-day Simple Moving Average (SMA) as it trends downward, with its sight set at the $93,257 support level.

Related Reading: The Current Correction In Bitcoin Is The Last Before A Major Rally—Here’s Why However, should the bears dominate at this support level, Bitcoin could continue its decline toward the $85,211 mark.

Related Reading: Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means On the daily chart, the crypto giant displays significant downside movement, highlighted by bearish candlesticks after a failed recovery attempt to surge toward its previous high of $99,575.