Sunday, November 17, 2024
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Overnight Sell-Off Puts Bitcoin at Dangerous Risk of Correction to $8,400

Bitcoin has surged by more than 40 percent this year, but its inability to sustain above a technical resistance area is increasing the risk of a massive correction ahead.The cryptocurrency on Wednesday plunged back below a so-called $10,000 milestone for the third time in eleven days. The move downhill started

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‘Extremely Dangerous’ — Bobby Lee Regrets Backing Bitcoin SegWit2x

Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters.In a series of tweets on Nov. 16, Bobby Lee admitted he was wrong to tout the long-dead Bitcoin scaling solution.Lee: “Bitcoin is the real

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