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Top Trader Forecasts ‘Slow Bleed' for Bitcoin Unless Big Buyers Step In – Here's His Outlook

Veteran trader The Flow Horse says a painful bleed down for Bitcoin BTC BTC - $62670.170 may be the most likely path in the near term due to a lack of large buyers.

Source: dailyhodl.com

Related symbols: TOPUSD

2024-09-02 11:55:01 GMT.

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Price & Market Data

Price: $62670.170

Volume 24h: $43,806,700,808.78

Market Cap: $1,238,130,685,268.52

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/.