Bitcoin, in the last 24 hours, unhanded 4.9% of its price, dropped another resistance level and at the time of press is trading close to $8,722. This sudden steep decline started at 12:42 pm UTC and hit rock bottom at $8,575.
Unusual selling pressure has been building up in the market. Most probably, it is the weak hands who are creating pressure. As soon as Bitcoin erased its $10,000 price mark, the selling pressure increased.
References:
Bitcoin and Crypto content on Youtube take on over by scammy ads
https://twitter.com/Altcoinbuzzio/status/1232867850617937921
https://www.youtube.com/results?search_query=brad +garlinghouse [IN SINGAPORE I CAN SEE THE SCAM AD ON TOP]
Bitcoin Can Correct to 8,200, But can you risk it?
https://twitter.com/oddgems/status/1232709648479735809
https://www.forbes.com/sites/billybambrough/2020/02/27/bitcoin-has-crashed-now-what/ #60657ba8538a
Buy the Dip
https://twitter.com/selfbankt/status/1232960052413259776
Tezos (XTZ) & Chainlink (LINK) Costs Slide 10%
https://fxnews24.co.uk/crypto/tezos-xtz-chainlink-link-costs-slide-10-extra-ache-or-purchase-the-dip/
Ethereum 2.0
https://twitter.com/brad_laurie/status/1232113352102428673
Why gamers get Ethereum
https://twitter.com/RyanSAdams/status/1232126107878596608
Cryptocurrency in Focus: Ethereum Is on Fire
https://cointelegraph.com/news/vitalik-buterin-reveals-ethereum-20-roadmap-to-cointelegraph
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