Bitcoin 'make or break moment' hangs on $46K BTC price support — Research
BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors.
Bitcoin (BTC) is at a “make-or-break moment” as it faces a duel with crucial support, new research warns.
In its latest monthly report, US investment management firm ARK Invest said key BTC price levels are now $52,000 and $46,000.
Bitcoin has failed to bounce significantly after finishing August down nearly 9%, ARK Invest summarizes, and there is plenty for bulls to worry about.
BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors.
Bitcoin (BTC) is at a “make-or-break moment” as it faces a duel with crucial support, new research warns.In its latest monthly report, US investment management firm ARK Invest said key BTC price levels are now $52,000 and $46,000.Bitcoin has failed to bounce significantly after finishing August down nearly 9%, ARK Invest summarizes, and there is plenty for bulls to worry about.Read more