Bitcoin Down 7% In 7 Days, Led By Second-Largest Liquidation Event: Trader Points To 'Demand Wall' At $47,000
3d ago•
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![image](https://cdn.benzinga.com/files/images/story/2024/07/05/Many-Bitcoin-Stack-And-Red-Arrows-Down--.jpeg?optimize=medium&dpr=1&auto=jpg&height=480&width=720&fit=crop)
Bitcoin's (CRYPTO: BTC) plunge on Friday comes on the heels of Mt. Gox starting its payment distribution. However, a trader predicted a further drop to a key demand level.
3d ago•
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bearish:
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