Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived

Dec 11, 2023 · Bitcoin tumbled over 7% in the worst daily drawdown since August as crypto markets cool off. Cryptocurrency prices may rally to new highs into the year-end as the …

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived

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Dec 11, 2023 · Bitcoin tumbled over 7% in the worst daily drawdown since August as crypto markets cool off. Cryptocurrency prices may rally to new highs into the year-end as the …

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say

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At press time, the largest crypto had bounced back above $41,000, still down nearly 7% over the past 24 hours, but on track to be the worst daily drawdown since BTC's drop below $25,000 …

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived - Binance

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived. Bitcoin experienced its steepest daily drawdown in almost four months, plunging over 7% in a flash crash. This massive leverage …

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Dec 11, 2023 · Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.

coindesk.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, - Binance

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts "Corrections shake out 'weak hands' and leverage, allowing for a stronger foundation for eventual moves higher," said …

binance.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Dec 11, 2023 · Bitcoin tumbled over 7% in the worst daily drawdown since August as crypto markets cool off. Cryptocurrency prices may rally to new highs into the year-end as the …

cryptonews.net

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts ... Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts. By CoinDesk. 2023-12-12 05:40. ...

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Dec 11, 2023 · Bitcoin [BTC] over the past roughly 24 hours has suffered its steepest daily drawdown in almost four months in a massive leverage wipe-out as traders were reminded of …

tradingview.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%. source: https://www.coindesk.com/markets ...

coinlive.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts ... Bitcoin over the past roughly 24 hours has suffered its steepest daily drawdown in almost four months in a massive …

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, - Binance

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts "Corrections shake out 'weak hands' and leverage, allowing for a stronger foundation for eventual moves higher," said …

binance.com

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Bitcoin Price Correction To Extend? Past Trends Points To A …

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According to the market expert, Bitcoin could drop as much as 30% in the following days. Drawing parallels to past cycle trends, Jesse Olsen highlights that these kinds of corrections are …

bitcoinist.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts ... Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts. By CoinDesk. 2023-12-12 05:40. ...

coinglass.com

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Bitcoin Back To $90K Next? Traders Diverge On BTC Price Pullback …

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Nov 22, 2024 · Bitcoin faced a serious challenge hitting $100,000 on Nov. 22 as $300 million in sell-side liquidity blocked the way.BTC/USD 1-hour chart. Source: TradingView. BTC price …

cointelegraph.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, - Binance

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts "Corrections shake out 'weak hands' and leverage, allowing for a stronger foundation for eventual moves higher," said …

binance.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

2 weeks from now

Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts ... Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts. By CoinDesk. 2023-12-11 21:40. ...

coinglass.com

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Bitcoin Dips 7% To Near $40K; Pullback Will Be Short-Lived, Say …

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Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts ... Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts. By CoinDesk. 2023-12-11 21:40. ...

coinglass.com

FAQs about Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived Coupon?

Why did bitcoin tumble 7% in the worst daily drawdown since August?

Bitcoin tumbled over 7% in the worst daily drawdown since August as crypto markets cool off. Cryptocurrency prices may rally to new highs into the year-end as the pullback flushed out excess leverage and reset the market, LMAX market strategists said. ...

Will a pullback help cryptocurrencies come down from overbought levels?

He said the pullback helped cryptocurrencies come down from overbought levels, and asset prices could continue to rally to new highs. "We suspect these dips in bitcoin and ether will be eaten up rather quickly, in favor of higher lows and bullish continuations to new yearly highs,” Kruger said in an emailed note. ...

What happened to Bitcoin (BTC)?

Bitcoin [BTC] over the past roughly 24 hours has suffered its steepest daily drawdown in almost four months in a massive leverage wipe-out as traders were reminded of the crypto's occasional steep bull market corrections. ...

Will dips in bitcoin & ether eat up quickly?

"We suspect these dips in bitcoin and ether will be eaten up rather quickly, in favor of higher lows and bullish continuations to new yearly highs,” Kruger said in an emailed note. “The outlook for crypto assets into the year-end remains bright." ...

Is bitcoin's volatility a bug?

Bitcoin’s volatility is a feature, not a bug. "BTC just [nearly] doubled in 2 months with no pullbacks, a correction is not that surprising," Clemente posted. "Corrections shake out 'weak hands' and leverage, allowing for a stronger foundation for eventual moves higher." ...

Which altcoins did a big decline in the day?

Most of the rest of the cryptocurrencies also suffered large declines, with Ripple-linked [XRP], dogecoin [DOGE], native tokens of Chainlink [LINK] and Cardano [ADA] nursing 8% to 12% losses during the day. Some altcoins defied the trend, with tokens of Avalanche [AVAX], Injective [INJ] and Optimism [OP] being among the very few gainers. ...