#Bitexen Noise lovers As a result of the upward movement that started as of the “The B Word” event on July 21, Bitcoin rose from 29,000 USD to 52,900 USD. At the end of this 47-day process, Bitcoin lost approximately 10,000 USD in 7 hours with the sharp downward movement that started yesterday (Tuesday, September 7, 2021) before noon. On the daily chart, the difference between the BTC opening price and the lowest price seen during the day reached 18.71%. During this decline, where the support zones had difficulty holding the price, the value of Bitcoin declined to the level of 42,900 USD. During this period, buying positions worth 2.6 Trillion USD were liquidated. Well, let's evaluate what could be behind the big drop in the market, in order. 1) Peak in the Number of Open Transactions in Futures 2) SEC’den Coinbase Platformuna Dava Tehditi 3) Russian Government: Russia Not Ready to Legally Adopt Bitcoin 4) Thailand Securities and Exchange Commission Advises Thai Ministry of Finance on a Platform 5) Sales Did Not Come From Miners
Log in to join in Reading is open to everyone. Replying needs an account.
No comments yet