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
---------
#Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #
Crypto.com #Electroneum #Cardano
---------
New Weekly CryptoTag #Giveaway
- Simply Subscribe to Altcoin Buzz and drop a comment on the Video
- Winners for this weekly giveaway will be announced on every Saturday
---------
Altcoin Buzz Free Newsletter:
http://eepurl.com/dnIEz1
Sign up for
Crypto.com and We Both Get $50 USD
https://platinum.crypto.com/r/ab
Sign up for eToro
https://tinyurl.com/yxwa8vbt
---------
Visit our website:
https://altcoinbuzz.io
Connect with us on Social Media:
Twitter:
https://twitter.com/Altcoinbuzzio
Facebook:
https://www.facebook.com/altcoinbuzzio/
Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA
----------
NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.