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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)$89,127.00-3.49%
  • ethereumEthereum(ETH)$3,014.23-4.23%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.89%
  • binancecoinBNB(BNB)$881.56-2.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.00-4.58%
  • tronTRON(TRX)$0.285613-0.35%
  • staked-etherLido Staked Ether(STETH)$3,016.32-4.12%
  • dogecoinDogecoin(DOGE)$0.139052-6.03%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,127.00-3.49%
  • ethereumEthereum(ETH)$3,014.23-4.23%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-3.89%
  • binancecoinBNB(BNB)$881.56-2.40%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.00-4.58%
  • tronTRON(TRX)$0.285613-0.35%
  • staked-etherLido Staked Ether(STETH)$3,016.32-4.12%
  • dogecoinDogecoin(DOGE)$0.139052-6.03%