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This Bear Market Is BTC’s Worst Period in Terms of Performance

Published 17/07/2023, 13:45
© Reuters. This Bear Market Is BTC’s Worst Period in Terms of Performance

  • A crypto Twitter user tweeted today that the past 490 days have been BTC’s worst performance period.

  • At press time, the market leader was trading at $30,271.22 following a 0.06% drop.

  • Technicals suggested that BTC may drop below the crucial $30K mark in the coming few days.

A crypto enthusiast who goes by the name Austin shared on Twitter this morning that the past 490 days have been Bitcoin’s (BTC) worst performance period ever. Furthermore, technical indicators on the market leader’s daily chart suggested that the crypto may continue to underperform in the coming week.

At press time, CoinMarketCap indicated that BTC saw its price drop by about 0.06% over the past 24 hours of trading, which left the market leader trading hands at $30,271.22. As a result, BTC was trading slightly closer to its daily low of $30,171.80 than its 24-hour high of $30,437.56.

Meanwhile, BTC’s 24-hour trading volume increased by just over 4% throughout the past day of trading. The negative dail…

The post This Bear Market Is BTC’s Worst Period in Terms of Performance appeared first on Coin Edition.

The post This Bear Market Is BTC’s Worst Period in Terms of Performance appeared first on Coin Edition.

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