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BTC price nears $26K amid warning Bitcoin sell pressure can ‘double’

Published 08/18/2023, 10:33 AM
Updated 08/18/2023, 12:20 PM
© Reuters

Bitcoin (BTC) stayed near two-month lows at the Aug. 18 Wall Street open as markets came to terms with extreme liquidations.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action tracking sideways after a single daily candle spawned 8% losses.

Bitcoin liquidations composite chart. Source: QCP Capital
BTC/USD annotated chart. Source: Rekt Capital/X
BTC/USD annotated chart with weekly RSI. Source: CryptoCon/X

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Latest comments

Lets help down to 0, those fake coins as bitcoin etherium and another hundred of names its nothing els as afera.
Is the internet fake too Einstein?
That's no good...
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