August 8, 2022

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Bitcoin trims declines to move back above $50,000

1 min read

The wild ride continues today

Bitcoin D1 23-04
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At the lows today, Bitcoin fell by nearly 8% in a drop to $47,465 but has clawed its way back up to just above $50,000 again now and is down a little under 3% on the day.

It is a pivotal session for Bitcoin ahead of the weekend, at least from a technical perspective, as it looks to hold above its 100-day moving average (red line) @ $49,493.

From earlier:




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