Apocalypse in Crypto: Why Is Bitcoin (BTC) Falling? - Coinleaks
Current Date:September 21, 2024

Apocalypse in Crypto: Why Is Bitcoin (BTC) Falling?

BTC, which has been in a downtrend in the past days, has become increasingly popular with the increasing number of Fud news. 19 thousand 770up to dollar levels momentary droplived.

The rising trend of BTC in recent weeks has ended with the effect of Fud news. Recently With the BUSD crisisstarting and With Silvergate casesThe ongoing situations had increasingly damaged BTC. Drop to the trendBTC, which has passed, is on the “spot side” when it cannot find enough buyers in the crypto market 19. 770 dropped to the dollar level momentarily. Especially since last night. KuCoin‘s lawsuit newsIt gradually accelerated the decline on the BTC side.

Bitcoin (BTC) Chart Analysis

Looking at the hourly timeframe for BTC, it has been accumulating for a while. 22. 63021. 945 dollarlevel down directional by breaking reached lower levels. Especially since last night fud news chain , has almost scared the crypto investor. Working as a solid support and resistance in the past tense 21. 490 dollarlevel, unable to hold the price your downfall The level he started instantly was accepted. BTC, which is at the current level of $ 19,970 support pointaspect 19. 560 dollar level appears. If the bullish scenario is active, 20. 460 dollarlevel of to passis important.

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