Bitcoin (BTC) Crashes To $24,400 — Is It A Good Time To Buy?-To The Moon - Tiger Brokers Online Investing Community

Bitcoin (BTC) Crashes To $24,400 — Is It A Good Time To Buy?

Benzinga2022-06-13

ZINGER KEY POINTSBitcoin is down 10.3% in the last 24 hours, currently traded at $24,670 the market cap stands at $519B as per data on CMCBitcoin has plunged 63% from its ATH of $68K. Loss of support ...

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Comment（20）

AuntieAaA
·2022-06-14
okay
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Mm101
·2022-06-14
Oh
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1
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Louis K Jia Heng
·2022-06-14
Good , prove that the coin can't hedge inflation at all
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BlueDaisy
·2022-06-13
The time has come!!
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benbent
·2022-06-13
Nah i'm not believing in crpyto anymore
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1
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Huat1333
·2022-06-13
Let long [Miser] [Miser] [Miser]
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1
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Lion91
·2022-06-13
Like for like
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2
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WealthyCat
·2022-06-13
[Miser] [Miser]
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2
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Swordmerlin
·2022-06-13
🥶
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4
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Dollarvan
·2022-06-13
Okay
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3
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Meerasha
·2022-06-13
far out. seems like its only going down further with such an article.
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nctony
·2022-06-13
More to drop[Facepalm]
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2
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Boo2020
·2022-06-13
[Spurting] [Spurting] [Spurting]
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Aoyjai
·2022-06-13
Full moon effect
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Mindthink
·2022-06-13
Ok
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2
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V K
·2022-06-13
Pls like tyvm[Happy]
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BenYSLim
·2022-06-13
[Blush]
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Quicklearner
·2022-06-13
Buy?
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JcJc
·2022-06-13
Scared 😱
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Aoyjai
·2022-06-13
Fear at all time high, be greedy!!!
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Loss of support ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/06/27665518/bitcoin-btc-crashes-to-24-400-is-it-a-good-time-to-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/22/06/27665518/bitcoin-btc-crashes-to-24-400-is-it-a-good-time-to-buy","article_id":"1102189593","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102189593","pubTimestamp":1655110122,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"ZINGER KEY POINTSBitcoin is down 10.3% in the last 24 hours, currently traded at $24,670 the market ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"比特币(BTC)跌至24400美元--现在是购买的好时机吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"ZINGER KEY POINTSBitcoin is down 10.3% in the last 24 hours, currently traded at $24,670 the market cap stands at $519B as per data on CMCBitcoin has plunged 63% from its ATH of $68K. Loss of support levels at $23,500 could lead to further declineHigher volatility brings in greater risks with huge leverage opportunities for short and long positionsThe world's largest cryptocurrency by market cap, Bitcoin crashed to its 18-month low at $24,552 on centralized exchanges such as Binance, and Coinbase leaving investors wondering if now is a good time to buy?With a strong ‘sell’ signal projected by technical indicators, BTC declined below its support levels of $29,500, $28,500 and $26,500 — hitting a multi-week low at $25,570 with consistent selling pressure aligned with the bearish traditional financial markets.Is It Time To Short Bitcoin? If BTC breaks its support levels of $23,500 it is expected to drop to $19,000 with a short-term retracement opportunity.Keeping average price gains and losses in account, RSI stands at 67-71 levels indicating BTC is oversold and a trend reversal is due where BTC can hit the levels of $26,000 to regain stability. While MACD indicates an increase in downside momentum.Leverage Trading: The high volatility acts as a hotbed for quick entry-exit 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K Jia Heng","avatar":"https://static.tigerbbs.com/05bb06bcca1cb9cd5016f4c8230c2803","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3560307510640662","idStr":"3560307510640662"},"htmlText":"Good , prove that the coin can't hedge inflation at all","listText":"Good , prove that the coin can't hedge inflation at all","text":"Good , prove that the coin can't hedge inflation at all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052161605","repostId":1102189593,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052301481,"gmtCreate":1655120227643,"gmtModify":1676535564862,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582677971530678","idStr":"3582677971530678"},"htmlText":"The time has come!!&nbsp;","listText":"The time has come!!&nbsp;","text":"The time has come!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052301481","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052972362,"gmtCreate":1655118125156,"gmtModify":1676535564693,"author":{"id":"4103722157908420","authorId":"4103722157908420","name":"benbent","avatar":"https://static.tigerbbs.com/421c7e7f132a348c8f100c2be258fedc","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4103722157908420","idStr":"4103722157908420"},"htmlText":"Nah i'm not believing in crpyto anymore","listText":"Nah i'm not believing in crpyto anymore","text":"Nah i'm not believing in crpyto anymore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052972362","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052948005,"gmtCreate":1655115578107,"gmtModify":1676535564359,"author":{"id":"3559014783889591","authorId":"3559014783889591","name":"Huat1333","avatar":"https://community-static.tradeup.com/news/a4c138e1ce20043d7996468a91a225ac","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3559014783889591","idStr":"3559014783889591"},"htmlText":"Let long&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","listText":"Let long&nbsp;[Miser]&nbsp;[Miser]&nbsp;[Miser]&nbsp;","text":"Let long [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052948005","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052921521,"gmtCreate":1655112092863,"gmtModify":1676535563803,"author":{"id":"3561201203930690","authorId":"3561201203930690","name":"Lion91","avatar":"https://static.tigerbbs.com/7ea44be8fbae5e18211977f4b4c51d1e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3561201203930690","idStr":"3561201203930690"},"htmlText":"Like for like","listText":"Like for like","text":"Like for like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052921521","repostId":1102189593,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052921239,"gmtCreate":1655112060821,"gmtModify":1676535563795,"author":{"id":"3582771937132696","authorId":"3582771937132696","name":"WealthyCat","avatar":"https://static.tigerbbs.com/c3995d5d276b3b8fc9c075fe8de258a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582771937132696","idStr":"3582771937132696"},"htmlText":"[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052921239","repostId":1102189593,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052929096,"gmtCreate":1655111450615,"gmtModify":1676535563739,"author":{"id":"3582338758553096","authorId":"3582338758553096","name":"Swordmerlin","avatar":"https://community-static.tradeup.com/news/1f836008e90c916e86b10677e7b767fd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3582338758553096","idStr":"3582338758553096"},"htmlText":"🥶","listText":"🥶","text":"🥶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052929096","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052920431,"gmtCreate":1655111429323,"gmtModify":1676535563739,"author":{"id":"3555014251535651","authorId":"3555014251535651","name":"Dollarvan","avatar":"https://static.tigerbbs.com/0316ab12b442ee2cd79936de06de5089","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3555014251535651","idStr":"3555014251535651"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052920431","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052920219,"gmtCreate":1655111401831,"gmtModify":1676535563730,"author":{"id":"4115963528526532","authorId":"4115963528526532","name":"Meerasha","avatar":"https://community-static.tradeup.com/news/2a8a859ed63b4a2c3870eac78c938a27","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"4115963528526532","idStr":"4115963528526532"},"htmlText":"far out. seems like its only going down further with such an article.","listText":"far out. seems like its only going down further with such an article.","text":"far out. seems like its only going down further with such an article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052920219","repostId":1102189593,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052920902,"gmtCreate":1655111350306,"gmtModify":1676535563722,"author":{"id":"3557024931927052","authorId":"3557024931927052","name":"nctony","avatar":"https://static.tigerbbs.com/1449dfc5089ded0e8efe303fd4dd43b1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3557024931927052","idStr":"3557024931927052"},"htmlText":"More to drop[Facepalm]&nbsp;","listText":"More to drop[Facepalm]&nbsp;","text":"More to drop[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052920902","repostId":1102189593,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052964153,"gmtCreate":1655111153972,"gmtModify":1676535563672,"author":{"id":"3572316669494636","authorId":"3572316669494636","name":"Boo2020","avatar":"https://static.tigerbbs.com/b9140860aa799166f7ff2aef054c4197","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572316669494636","idStr":"3572316669494636"},"htmlText":"[Spurting]&nbsp;[Spurting]&nbsp;[Spurting]&nbsp;","listText":"[Spurting]&nbsp;[Spurting]&nbsp;[Spurting]&nbsp;","text":"[Spurting] [Spurting] [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052964153","repostId":1102189593,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9052965762,"gmtCreate":1655111117556,"gmtModify":1676535563655,"author":{"id":"3578371382142637","authorId":"3578371382142637","name":"Aoyjai","avatar":"https://static.tigerbbs.com/9dcf5c34602d2433f3133ca6c6fece6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578371382142637","idStr":"3578371382142637"},"htmlText":"Full moon effect&nbsp;","listText":"Full moon effect&nbsp;","text":"Full moon 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