Despite Bitcoin's drop below $65,000, some bulls are still guarding market
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Although this may appear unfavorable, at first, it frequently hints at a market reset in which excess leverage is eliminated to make room for a more steady upward trend, given that there is potential for upward movement without the possibility of sudden overbought conditions. For now, the RSI for Bitcoin is circling the neutral zone. In spite of the recentdecline, this and the positive funding rates suggest that there may be room for optimism.
Cardano Reaches Lowest Level of 2024, Again, Shiba Inu Hits Critical Reversal Level, Ethereum Hits Awful $3,600 ReversalEarn More Than in a Bank With Special Programs From TFS Token
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm SaysOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »
CoinMarketCap Issues Crucial Message to Crypto Users: DetailsCrypto holders receive crucial alert from crypto market ranking platform, CoinMarketCap
Read more »
Elon Musk Issues Crucial Security Warning, Crypto Community in DoubtTech billionaire who owns X has made an important warning, setting the crypto community abuzz
Read more »
Time to buy the dip in copper?Time to buy the dip in copper? - UBS
Read more »
Ethereum downtrend could prove a buy-the-dip opportunity following Canada's second staked ETH ETFEthereum (ETH) resumed its downward trend on Monday after a slight weekend recovery following the launch of the Canada-based Purpose Investment Staked ETH ETF.
Read more »
AI tokens and meme coins offer “buy the dip” opportunities amidst market meltdownArtificial Intelligence (AI) tokens and meme coins have observed sharp declines in prices, with several assets experiencing double-digit drops.
Read more »