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Bitcoin Price Drops to $8,840 — Key Metrics Signal BTC May Correct Further

May 24, 2020 by DIGIT
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As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019.

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Categories Bitcoin, Bitcoin Price, Markets
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  • bitcoinBitcoin(BTC)$104,495.000.20%
  • ethereumEthereum(ETH)$2,560.151.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.432.24%
  • binancecoinBNB(BNB)$670.261.82%
  • solanaSolana(SOL)$176.341.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2490456.67%
  • cardanoCardano(ADA)$0.833.77%
  • tronTRON(TRX)$0.2696502.76%
  • bitcoinBitcoin(BTC)$104,495.000.20%
  • ethereumEthereum(ETH)$2,560.151.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.432.24%
  • binancecoinBNB(BNB)$670.261.82%
  • solanaSolana(SOL)$176.341.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2490456.67%
  • cardanoCardano(ADA)$0.833.77%
  • tronTRON(TRX)$0.2696502.76%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$104,495.000.20%
  • ethereumEthereum(ETH)$2,560.151.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.432.24%
  • binancecoinBNB(BNB)$670.261.82%
  • solanaSolana(SOL)$176.341.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2490456.67%
  • cardanoCardano(ADA)$0.833.77%
  • tronTRON(TRX)$0.2696502.76%
  • bitcoinBitcoin(BTC)$104,495.000.20%
  • ethereumEthereum(ETH)$2,560.151.88%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.432.24%
  • binancecoinBNB(BNB)$670.261.82%
  • solanaSolana(SOL)$176.341.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2490456.67%
  • cardanoCardano(ADA)$0.833.77%
  • tronTRON(TRX)$0.2696502.76%