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Bitcoin Price Drops to $8,840 — Key Metrics Signal BTC May Correct Further

May 24, 2020 by DIGIT
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As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019.

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Categories Bitcoin, Bitcoin Price, Markets
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  • bitcoinBitcoin(BTC)$87,650.003.18%
  • ethereumEthereum(ETH)$2,978.456.39%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$854.873.62%
  • rippleXRP(XRP)$1.915.04%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$126.176.64%
  • tronTRON(TRX)$0.2793810.16%
  • staked-etherLido Staked Ether(STETH)$2,981.926.27%
  • dogecoinDogecoin(DOGE)$0.1328229.70%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$87,650.003.18%
  • ethereumEthereum(ETH)$2,978.456.39%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$854.873.62%
  • rippleXRP(XRP)$1.915.04%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$126.176.64%
  • tronTRON(TRX)$0.2793810.16%
  • staked-etherLido Staked Ether(STETH)$2,981.926.27%
  • dogecoinDogecoin(DOGE)$0.1328229.70%