Bitcoin price holds support at $20K as the crypto market struggles to gain momentum

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Bitcoin BTC Bitcoinprice marketupdate Bitcoin price holds support at $20K as the crypto market struggles to gain momentum

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

Data from TradingView shows that bulls managed to claw their way back above support at $20,000 during the afternoon trading session after Bitcoin dipped to a daily low of $19,585 in the closing hours on Sunday.While Monday’s recovery back above $20,000 was a welcomed sight for many, Kitco senior market analyst Jim Wyckoff cautioned bulls about being overly optimistic as bears are still in control of the market.

Total market capitalization reaches 200-Week MA and usually grants for support, and then an HL is confirmed.$DXY topping soon? pic.twitter.com/lg7tij13qa That being said, Bitcoin does indeed appear as though it will survive to fight another day, which has led some previous naysayers to issue self-corrections on the Bitcoin matter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Here is btc getting help by M Saylor. 😂😂😂😂😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines