Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K By Cointelegraph – Investing.com
- Date: 23-Nov-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K By Cointelegraph – Investing.com
Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of (BTC) price and the wider crypto market, but today's drop back under $56,000 is raising eyebrows among traders.
Data from Cointelegraph Markets Pro and TradingView shows that after starting the week near $60,000, several days of bears hammering the price of Bitcoin resulted in a revisit to $55,600.
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