Jan 11 2021

Bitcoin Reclaims Key Support Level After Drop to $34,500

published by Nick Chong
in blog Bitcoinist.com
original entryBitcoin Reclaims Key Support Level After Drop to $34,500

bitcoin price btcusd btcusdt xbtusd

Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges close to $34,000 and lows on futures exchanges close to $35,000. BTC lost over 15% over the span of this rally. The cryptocurrency has since bounced swiftly to the upside, reclaiming a key support level per analysts. Bitcoin...