The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
Data provided by TradingView shows that Bitcoin bulls lost support at $67,000 in the early hours on Tuesday after an anonymous whale caused a flash crash in BTC price on BitMEX by selling 977 BTC on the open market, with low-ball orders of $9,800 being filled on the exchange before the selling was done.
Bloodgood noted that the 2021 ATH for Bitcoin is now acting as resistance, as evidenced by the 8% red candle that resulted after bulls were rejected at that level. “For now, stay patient and don’t try to knife catch, as we could go lower if these levels don’t hold,” Bloodgood concluded. is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market.
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