Bitcoin Dumps Below $50K as Buyers Swoop In!!

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Cryptocurrency

Cryptocurrency

Bitcoin Dumps Below $50K as Buyers Swoop In!!

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Writer Blockchain… Date21-02-22 00:00 Hit32 Comment0

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Bitcoin starts the week with some serious price action as the entire cryptocurrency market dips below 50K. Panic sellers get liquidated and shorts get sold as Bitcoin dips to 46K and then bounces off that to 50K. This Bitcoin dip appears to be a correction as the market was overheating for sometime and needed to consolidate. So we shall call this a Bitcoin correction.

#Bitcoin #Cryptocurrency #BitcoinDip

Blockchain Bullz is a team of Cryptocurrency enthusiasts who have been investing in Bitcoin and other altcoins since 2014. We were there for the 2017 bull run and are back again for the 2020 Bull Run. We enjoy talking about exciting technologies in the world of Blockchain, DeFi, Web 3.0 and other projects providing real world utility in finance.

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* Not Professional Financial Advice. Always do your own research and never invest more than you can afford to lose. Cryptocurrency is a highly volatile asset class with many price swings.

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