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Bitcoin extends downtrend, falls 12.1% to US$47,176

Tan KW
Publish date: Sat, 04 Dec 2021, 03:52 PM
Tan KW
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BITCOIN dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 31.6% from the year's high of $69,000 reached on Nov. 10.

Ether, the coin linked to the ethereum blockchain network, dropped 10.14 % to $3,794.61 on Saturday, losing $428.19 from its previous close.

 - Reuters

Discussions
Be the first to like this. Showing 12 of 12 comments

DickyMe

It will drop to ~~US$ 17000

2021-12-04 17:02

ahbah

What happen to cryto currencies today ?

2021-12-04 18:25

DickyMe

Correction!
Solar Eclipse!

Undesirable events about o happen.

The crash is nearing, not only in Bitcoin but in other markets too.

It has started and is gradually happening.

2021-12-04 21:49

ahbah

other mkts too like our Bursa ?

2021-12-04 21:59

bsinvestor

ALL IN

2021-12-04 21:59

ahbah

If like that, then better all run in order to preserve our hard earn

capital.

2021-12-04 22:07

kelvinfixx

Guys, don't link stock with crypto.

2021-12-04 22:14

ahbah

So, stk mkt got no link with crypto mkt ? No influence at all ?

2021-12-04 22:24

DickyMe

"Posted by kelvinfixx > Dec 4, 2021 10:14 PM | Report Abuse

Guys, don't link stock with crypto."

================================

Yes! No link.

But investments of any kind are in jeopardy or going through bad time.

2021-12-04 22:30

ahbah

We oredi going thru about 18 mths of bad time caused by c 19.

No know when this bad time will end lah ?

2021-12-04 22:39

DickyMe

Are we?

2021-12-05 11:47

DickyMe

"Bitcoin is crashing and may find support around US$44500, however it is weak support. USD17000~ is a nice entry for a pullback."
=======================================

Broke weak support @US$44500.
Watch Bitcoin tumble like Humpty Dumpty in following weeks.

2022-01-06 14:53

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