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Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist 

Bitcoin.com

Bitcoin News / Bitcoin.com 101 Views

Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq, and S&P 500 have also shown signs of correction, […]
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