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Is the Bitcoin price dip toward $40K a bear trap?

December 11, 2023 by DIGIT
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Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.

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Categories Bitcoin, BTC Price, Cryptocurrency, why is Bitcoin down
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  • bitcoinBitcoin(BTC)$98,694.004.43%
  • ethereumEthereum(ETH)$3,336.639.15%
  • tetherTether(USDT)$1.00-0.02%
  • solanaSolana(SOL)$258.2111.32%
  • binancecoinBNB(BNB)$635.075.82%
  • rippleXRP(XRP)$1.3624.36%
  • dogecoinDogecoin(DOGE)$0.3981716.64%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • staked-etherLido Staked Ether(STETH)$3,335.589.11%
  • cardanoCardano(ADA)$0.8712.81%
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  • bitcoinBitcoin(BTC)$98,694.004.43%
  • ethereumEthereum(ETH)$3,336.639.15%
  • tetherTether(USDT)$1.00-0.02%
  • solanaSolana(SOL)$258.2111.32%
  • binancecoinBNB(BNB)$635.075.82%
  • rippleXRP(XRP)$1.3624.36%
  • dogecoinDogecoin(DOGE)$0.3981716.64%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • staked-etherLido Staked Ether(STETH)$3,335.589.11%
  • cardanoCardano(ADA)$0.8712.81%