Memecoin

Bitcoin

when

According to the data, the Bitcoin price showed a sudden decline in the last minutes from around $ 70,000 to the 69,000 region. There was a drop of more than 1% in about half an hour. 
<figure id="attachment_143924" aria-describedby="caption-attachment-143924" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-143924" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/05/BTCUSDT_2024-05-27_22-58-17.png" alt="" width="1342" height="792">
 <figcaption id="caption-attachment-143924" class="wp-caption-text">
 A chart with minute charts showing the decline in the BTC price in about half an hour.
 </figcaption>
</figure> 
While the reason for the decline remains unclear, il Capo, one of the most well-known cryptocurrency analysts, commented on the decline in his statement. The analyst described this decline as a shake-up and said that he expected the bull to continue. 
Related News: <a href="https://en.bitcoinsistemi.com/this-memecoin-developers-allegedly-behind-yesterdays-gcr-hack/" target="_blank" rel="dofollow">This Memecoin Developers Allegedly Behind Yesterday's GCR Hack</a> 
However, he added that the $69,000 level should hold. The analyst expects a climb to the $74,000 to $76,000 region if the bull scenario continues. 
On the other hand, when the liquidation data is examined, it is observed that there was a liquidation of approximately 20 million dollars due to the high volatility in the last hour. $19 million of these were in long positions. 
In his other statement today, il Capo evaluated this week's cryptocurrency agenda and said that the week did not have very interesting events specifically for cryptocurrencies. However, he argued that the ETH/BTC parity looks strong, while many Altcoin/BTC parities have reached local bottoms. According to the analyst, as long as the Bitcoin price is above $60,000, the situation looks positive for altcoins. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-price-plummets-il-capo-speaks-after-the-drop-and-explains-what-he-expects/">Bitcoin Price Plummets – il Capo Speaks After the Drop and Explains What He Expects</a>

Bitcoin Price Plummets – il Capo Speaks After the Drop and Explains What He Expects

Bitcoin Sistemi EN

المزيد من المقالات نُشرت في ٢٧ مايو ٢٠٢٤

Dogecoin (DOGE) Price on the Cusp of a Bullish Liftoff Amid Meme Coins Frenzy

This Dog Coin Is Up 53% And 'Still In Ripper Mode'... But It's Not Dogecoin

Why Notcoin (NOT) Is Up By 45% Today

Grayscale Launches Near and Stacks Trusts

FLOKI Surpasses ETH, PEPE and BONK on OKX Amid Bullish Momentum

MoonBag Coin Tops The Crypto Presale In 2024 By Offering A Mind-Boggling ROI Of 9900% While Bonk ...

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.