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Bitcoin bear trap over? BTC price fractal hints at parabolic move next

August 9, 2024 by DIGIT
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Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts.

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Categories Bitcoin Analysis, Bitcoin Price, BTC Markets, Cryptocurrencies, Market Analysis, price analysis
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,666.00-2.86%
  • ethereumEthereum(ETH)$3,051.04-3.18%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.04-3.83%
  • binancecoinBNB(BNB)$885.92-1.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.77-6.34%
  • tronTRON(TRX)$0.2859280.92%
  • staked-etherLido Staked Ether(STETH)$3,052.24-3.20%
  • dogecoinDogecoin(DOGE)$0.139156-6.64%
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  • bitcoinBitcoin(BTC)$89,666.00-2.86%
  • ethereumEthereum(ETH)$3,051.04-3.18%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.04-3.83%
  • binancecoinBNB(BNB)$885.92-1.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.77-6.34%
  • tronTRON(TRX)$0.2859280.92%
  • staked-etherLido Staked Ether(STETH)$3,052.24-3.20%
  • dogecoinDogecoin(DOGE)$0.139156-6.64%