Flash Crash

After a consolidation around $96,500, Bitcoin faced selling pressure, bringing its price down towards the support level of $89,000. Check out Elyfe's analysis to decipher the technical perspectives of BTC.

Bitcoin is in a tough situation! Over the past few weeks, many analysts have predicted a certain rise in the power of the queen of cryptos. But since the beginning of the year, the opposite situation has been observed. The asset has indeed fallen several times to currently settle at barely $40,000. For some, this is only the beginning of a dark period.