BTC plunges below $19,000, as bearish pressure intensifies.
Buterin confirmed that “The merge is still expected to happen around Sep 13-15”, adding: “What’s happening today is the Bellatrix hard fork, which *prepares* the chain for the merge”.Bulls used this news as a signal to enter, however, it now seems that some have liquidated earlier positions, opting rather to secure profits.has fallen to a low of $1,500.01 on Wednesday, breaking out of its floor of $1,550 in the process.
Momentum now looks to be bearish, with some suggesting that prices could fall to a support level of $1,430 in coming days.Tags in this story
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