Analysts Say Bitcoin Price Drop To $ 30K Was ‘Healthy And Necessary’ By Cointelegraph

Analysts Say Bitcoin Price Drop To $ 30K Was ‘Healthy And Necessary’

The euphoria in the cryptocurrency market was quelled on January 11, as most altcoins saw their prices drop by more than 20% as the price sold off sharply. After falling below the $ 40,000 support level on January 10, Bitcoin (BTC) selling pressure increased overnight and pushed the cryptocurrency price above $ 30,229 before a support level was reached. soft. Daily performance of the cryptocurrency market. Source: Coin360 Bitcoin Price vs. daily feeling. Source: TheTIE daily chart. Source: Coin360 Continue reading on Coin Telegraph

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