Bitcoin Recovers from $60,000 Drop, But Further Selling Could Continue.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Should l Buy ?
Source: Barron's
- Bitcoin Price Drop: Bitcoin fell to approximately $60,000, erasing all gains made since Donald Trump's election victory 15 months ago.
- Recent Recovery: The cryptocurrency has since rebounded to over $65,000, suggesting a potential halt in selling activity for the time being.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
