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Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light

Bitcoinist LogoBitcoinist12h ago

Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light - Bitcoinist

Quick Summary:

Bitcoin has just broken past the critical $60,000 mark, relieving investors and analysts concerned that losing this level might signal the end of the bull run.

The market’s uncertainty is palpable, with some fearing that this $60,000 level retake is only a bull trap and the rally has run its course.

A close above this moving average would signal renewed bullish momentum and likely pave the way for further gains.

More Pictures

Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light - Bitcoinist (Picture 1)Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light - Bitcoinist (Picture 2)Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light - Bitcoinist (Picture 3)

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Article Details

Author / Journalist: SebasV

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 03:00:49 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 47 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22188940

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 21 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 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

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The story "Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light" has 407 words across 47 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Is Bitcoin (BTC) Still in a Bull Run After Briefly Losing $60,000? Fresh Data Sheds Light" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 21 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #22188940
  • URL: https://beamstart.com/news/is-bitcoin-btc-still-in-17242128348162

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