Bitcoin Rejected at $30K Again, Avalanche Slumps 9% (Market Watch)

5/24/2022 11:47:00 AM

Bitcoin was stopped once again at $30,000. Most altcoins, including ADA, SOL, and AVAX, are in an even worse shape.

Bitcoin was stopped once again at $30,000. Most altcoins, including ADA, SOL, and AVAX, are in an even worse shape.

Bitcoin was stopped once again at $30,000. Most altcoins, including ADA, SOL, and AVAX, are in an even worse shape.

Bitcoin Stopped at $30KAfter last week’s sideways trading, in which BTC remained stuck around the $30,000 mark, the cryptocurrency calmed during the weekend and stood just under that line.The bulls came out to play on late Sunday evening and pushed the asset north. As a result, bitcoin spiked above that level and kept

climbingto a multi-day high of $30,600 (on Bitstamp).However, as it has happened numerous times in the past two weeks, BTC ultimately failed at that point and reversed its trajectory. In a matter of hours, bitcoin slumped by almost $2,000 and found itself trading at $29,000 once again.

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Give me Bitcoin at any price, I won't reject it.