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Bitcoin BTC Price Drops Below $28K as JPMorgan Takes Over Embattled First Republic Bank

by Index Investing News
May 2, 2023
in Cryptocurrency
Reading Time: 1 min read
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“After a breakout (BTC above ~$25,000), it’s important to pay attention to pullbacks to gauge the buy strength remaining,” bitcoin mining equipment and hosting provider Blockware Solutions Analysts wrote in a newsletter on Friday. “In this case, BTC flashed some pretty bullish signals, as buyers quickly stepped in at the 50-day [simple moving average].”



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Tags: 28KBankbitcoinBTCDropsembattledJPMorganpriceRepublicTakes
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