Home Cryptocurrency Bitcoin merchants supply draw back targets as BTC worth dangers sub-$25K dip By Cointelegraph

Bitcoin merchants supply draw back targets as BTC worth dangers sub-$25K dip By Cointelegraph

Cointelegraph
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Bitcoin merchants supply draw back targets as BTC worth dangers sub-$25K dip By Cointelegraph

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© Reuters

(BTC) treaded water beneath $28,000 on Could 9 as markets ready for macroeconomic information releases.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD performing close to $27,700 on the day’s Wall Road open.

BTC/USD annotated chart. Supply: Michaël van de Poppe/Twitter
BTC/USD annotated chart. Supply: Crypto Tony/Twitter
Bitcoin Realized Value UTXO Age Bands chart. Supply: CryptoQuant