Bitcoin Price Losses 6% To Tank Below $60K – Buy BTC Now?
- Bitcoin price lost $1,000 in just five minutes on Wednesday morning to tank below the $60,000 psychological level.
- BTC bears are eager to see the correction continue as they target $50,000.
- Analysists say that Bitcoin will bullish even if it drops to $50,000 as bulls speculate gains towards $70,000.
Bitcoin price dropped $1,000 in just five minutes on Wednesday morning in a fresh dip that saw the big crypto tank below the $60,000 psychological level.
According to data from CoinMarketCap, BTC has been down 6.05% in the last 24 hours having lost approximately 7.95% of its value over the last week.
The correction has tested support around $57,000, as the bulls appear determined to take the BTC price lower.
30 total views, 2 views today