Wednesday, May 8, 2024
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As Bitcoin Suddenly Surges 7.82%, Traders Spark Breakout Calls Above $10,500

Bitcoin bounced back after crashing below $9,000 a day before.The cryptocurrency’s recovery run took its price above $9,500, a crucial resistance level.Meanwhile, traders called the rebound a “re-accumulation” move before bitcoin breaks above $10,500.Bitcoin bounced back on Tuesday after the Federal Reserve announced its plans to purchase corporate bonds to

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Bitcoin’s Latest Correction Could Spark a Bear Run Towards $6K, Fractal Shows

Bitcoin extended its bearish correction at the start of this week, falling briefly below $9,000 for the first time in three weeks.While cryptocurrency reclaimed the said support level, fears of new sell-off rounds are looming over its market.Meanwhile, a separate fractal is also suggesting that Bitcoin would retest $6,000 in

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