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Home » Bitcoin Price Fails To Hold Its Price Above The Crucial Support Level, Resulting In A Price Correction!
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Bitcoin Price Fails To Hold Its Price Above The Crucial Support Level, Resulting In A Price Correction!

May 11, 2024No Comments1 Min Read
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Bitcoin Price Fails To Hold Its Price Above The Crucial Support Level, Resulting In A Price Correction!
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Crypto Live News

Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

May 11, 2024 10:42

news-image

The BTC price had successfully reclaimed the $63K yesterday, highlighting an increase in the bullish sentiments. However, the crypto industry has displayed a strong bearish reversal during the early trading hours by recording a correction of 3.23% in its global crypto market cap. Moreover, Bitcoin has lost 3.57% within the past day, resulting in it experiencing a pullback toward its crucial support level of $60,000.


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