#Bitcoin has fallen more than 10% in the past two days, but there's hope for a turnaround. The price might stabilize soon. However, alts also saw losses. If Bitcoin rebounds, both Bitcoin and alts could see gains. But if the price breaks downwards from the current trend channel, it might drop below $50,000 to clear out liquidity.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.