Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift

BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels.

Buy physical gold and silver online

Bitcoin (BTC) set another monthly low on Sept. 8 as analysis warned of the dangers of losing $54,000.

Data from Cointelegraph Markets Pro and TradingView showed a fresh BTC price dip taking BTC/USD to $55,282 on Bitstamp during the Asia session.

Ahead of the week’s key United States unemployment data release, Bitcoin looked precarious as bulls failed to halt a slow bleed toward the six-month lows seen on Aug. 5.

Read more

About the author

Why invest in physical gold and silver?
文 » A