Analyst Says Bitcoin Primed To Crash Below $50,000 if Major Level Holds, Updates Outlook on Sui and Helium

A closely followed crypto analyst said that Bitcoin BTC BTC - $63006.191 could dip below the $50,000 mark if one major support level fails to hold.

Source: dailyhodl.com

Related symbols: BTCUSD

2024-08-15 20:02:01 GMT.

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Price & Market Data

Price: $63006.191

Volume 24h: $43,990,511,920.81

Market Cap: $1,244,769,212,386.90

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.