BTC Dips Below $63,000 After Resistance at $64,000

IconCryptoNewsTerminal Staff20 Sep, 2024

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BTC Dips Below $63,000 After Resistance at $64,000

Bitcoin (BTC) has fallen back below $63,000 after facing resistance at $64,000. According to data from cryptonewsterminal, BTC is currently trading at $62,970.38 on the Binance USDT market. The dip comes after BTC rallied to a new all-time high of $64,966.94 on April 14. Some analysts believe that the pullback is a healthy correction after the recent rally. Others believe that the bears are back in control and that BTC could fall further. It is important to note that the cryptocurrency market is volatile and can change quickly. Investors should do their own research before making any investment decisions.

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