Bitcoin (BTCUSD) Plunges on Bearish Chart Patterns and Rising Binance Inflows
Bitcoin shows bearish technical patterns with risks of deeper correction below $60,000 amid rising BTC inflows to Binance and miner capitulation signals.
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Bitcoin shows bearish technical patterns with risks of deeper correction below $60,000 amid rising BTC inflows to Binance and miner capitulation signals.
Mt. Gox still holds around 34,689 BTC valued at $3.9 billion, preparing for creditor repayments amid an extended deadline, which may cause moderate sell pressure on Bitcoin in the near term.