Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High – Market Updates Bitcoin News

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Bitcoin falls below $30,000, as red wave sweeps through crypto markets.

is now trading around 55% lower than its record high in November, with some optimistic that the worst of the selloff has passed.

It is still unclear if we have hit a floor, with $29,500 a potential candidate for price support following the recent drop in value.

 

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Yea its B.s That the feds are doing this they are literally dropping the crypto market its not the whales.. Its the Us government and countries like china who has 100s of millions of bitcoin and Ethereum. With there anonymous wallets and selling only way the dollar can survive.

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That’s why I suggest people learn to invest into something that earns regardless of a market downturn like what we are facing which can serve as a passive income stream or also as a means to grow their portfolio.

Will it drop to a price of $30,000 today?

People seem to have forgotten that Bitcoin hit $65k in mid 2021 and went all the way back down to $28k in the summer before coming back above $65k again Y’all follow Chrismoyzee his is a super underrated Bitcoiner who have been following his tweets and tip closely

I like when btc falls, I can buy btc with tether on sale

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