via Cointelegraph · By Cointelegraph Staff
These Four Bitcoin Charts Hint at BTC Price Dropping Below $50K
BTC/USDT
$8,818,222,850.86
$63,461.99 / $62,436.59
Change: $1,025.40 (1.64%)
+0.0040%
Longs pay
Bitcoin (BTC) bulls successfully defended the $60,000 psychological support during last week’s 13% correction.
BTC/USD daily chart. Source: TradingView
However, the rebound has not fully erased downside risks, with some traders warning that a deeper breakdown remains possible as the US–Iran tensions and fading rate-cut expectations weigh on risk appetite.
Several Bitcoin valuation and technical…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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