Business News

Bitcoin drops to $ 36,000, traders say bulls need a “Goodbye Mary” to avoid the bear market.

[ad_1]

© Reuters.

(BTC) continues to sell prices and the knock-on effect is even more severe on the altcoins and DeFi tokens. At the time of writing, the price of BTC has dropped sharply The lowest level in 6 months and most analysts are not optimistic about an immediate turnaround.

Data Cointelegraph Markets Pro and TradingView shows that the wave of sales that started late on January 20 continued at noon on Friday when the BTC hit a low of $ 36,600.

BTC / USDT 1 day chart. Source: TradingView
1-week chart. Source: Twitter (NYSE :).
BTC / USDT 1 day chart. Source: TradingView
BTC / USD 1 day chart. Source: Twitter
BTC / USD 1 day chart. Source: Twitter
BTC / USD 1 day chart. Source: Twitter