Old FUD, new BTC price dip — Weeks-old China crypto ‘ban’ sparks $42K Bitcoin price drop
Old news suddenly gets picked up on social media, sparking an instant crypto price crash.
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Old news suddenly gets picked up on social media, sparking an instant crypto price crash.
Twitter's stock feels the benefit of the "orange pill" as surging stocks add to positive tailwinds for Bitcoin.
This week's price action shows Bitcoin bulls were a bit overzealous about Friday's $3 billion BTC options expiry.
The proportion of the BTC supply, which has been dormant for at least a year, looks set to increase after putting in local lows.
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation.
The Chinese property developer will soon be a "non-event," one analyst says, with markets already shrugging off the story.
The veteran Bitcoin bull says he's not "nervous" about crypto on the back of the institutional investor demand he has witnessed.
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn't deterring pro traders from buying the BTC dip.
An "interesting opening" for stocks promises a hectic day for Bitcoin traders.
A fresh BTC price dip to $45,000 clashes with bullish forecasts across the board as Bitcoin traders lie in wait for an October rebirth.