BTC Price Crashes to $88K: 3 Charts That Show Bitcoin Bull is NOT Over
After a failed attempt to revisit $100K on February 21, Bitcoin (BTC) reversed. As a result, BTC price crashed 11.36% to $88K. The downtrend was exacerbated due to ByBit’s hack, but excessive leverage and cascading liquidations may have pushed Bitcoin even lower. As a result of this sudden crypto market crash, more than $900 million in positions have been wiped as Bitcoin price dropped to $90K. Despite this grim outlook, let’s discuss three Bitcoin charts that suggest the bull run is far from over.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Has MetaMask launched its token? A Fact Check
SEC Crypto Task Force to Hold Roundtable as Agency Reevaluates Enforcement Approach
Roam (ROAM): The Future of Global Connectivity
[Initial Listing] Bitget Will List Mint Blockchain (MINT) in the Innovation and Public Chain Zone.
Trending news
MoreCrypto prices
More
