{"id":561875,"date":"2023-11-22T03:31:51","date_gmt":"2023-11-22T03:31:51","guid":{"rendered":"https:\/\/www.uniquehot.com\/?p=561875"},"modified":"2024-06-11T07:44:34","modified_gmt":"2024-06-11T07:44:34","slug":"bitcoin-price-plunge-35650","status":"publish","type":"post","link":"https:\/\/www.uniquehot.com\/news\/bitcoin-price-plunge-35650\/","title":{"rendered":"Bitcoin Price Plunge Due to Binance\u2019s Settlement Could Be \u2018Buy Dips\u2019 \u2013 Here\u2019s Why"},"content":{"rendered":"
Bitcoin price declined over 4% and traded below the $36,500 support. BTC is still holding the key $35,650 support zone and dips might attract buyers.<\/em><\/p>\n
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Bitcoin started a fresh decline after reports of Binance\u2019s settlement and CZ stepping down.<\/li>\n
The price is trading below $37,000 and the 100 hourly Simple moving average.<\/li>\n
There was a break below a key bullish trend line with support near $36,980 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could struggle in the short term, but dips might be attractive to the bulls.<\/li>\n<\/ul>\n