Thursday, November 7, 2024
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How a Whale Crashed Bitcoin to Sub-$7,000 Overnight

Bitcoin lost billions of dollars worth of valuation within a 30-minutes timeframe as a Chinese cryptocurrency scammer allegedly liquidated its steal via over-the-counter markets. The initial sell-off by PlusToken caused a domino effect, causing mass liquidations.PlusToken, a fraud scheme that duped investors of more than $2bn, dumped huge bitcoin stockpiles

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Sub-$7000 Bitcoin Price Bloodbath Could Spiral Near $4,000, Warns Analyst

Peter Schiff believes bitcoin is breaking out of a bearish formation and is heading to $1,000. A renowned technical analyst thinks that such a bearish pattern could, instead, take BTC to $4,000, if validated. Several technical indicators add credibility to a further drop, but there is still a chance for a rebound. On

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