The price of Bitcoin fell below the psychological level of $9,000 on Saturday evening. Above her quotes firstcryptocurrencies rose on Thursday, March 5th.
UPDATE
As of 15:50 UTC, the price of Bitcoin is $8,400. The first cryptocurrency lost $300 within two hours.
BTC / USD, TradingView data
BitMEX recorded a massive liquidation of $ 92 million positions within one hour.
</p>The trading volume also increased significantly.
</p>Leading altcoins have also fallen in price over the last 24 hours.
CoinGecko Data
Practicing trader and resident ForkLog Hub PavelGromov, after breaking the $ 9000 level with bitcoin, noted that for further growth it is necessary to overcome $ 9160- $ 9200. It was not possible to make this a leading cryptocurrency.
However, experts believe that Bitcoin will benefit from a flaring financial crisis. Why this happens, read the ForkLog article:
Why will bitcoin benefit from the financial crisis? Experts answer
Read this:
Bitcoin rises above $ 9000 due to stocks drop amid fear of coronavirus spread
Bitcoin price collapsed below $ 10,000 in minutes
BTC drops below $ 10,000, but correction will not be significant
Bitcoin Price Updated Two-Month High, Returning To Marks Above $ 9000 (Updated)
BTC fell below $ 9,000
Bitcoin's price drops below $ 9,000, pulling the rest of the market