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Breaking Bitcoin Reclaims $36,000 After Falling to a Low of $30,000

2 mins
Updated by Ana Alexandre
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In Brief

  • BTC has bounced by 22.76% since the lows.
  • There is support at $30,000 and $34,375.
  • The current correction is similar to that in March.
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The Bitcoin (BTC) price decreased significantly on May 19, falling to a low of $30,000.

However, it has bounced considerably since the lows, drawing comparisons to the recovery that transpired on March 2020.

For BeInCrypto’s latest bitcoin (BTC) analysis, click here.

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All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst. (I do not have a discord and will not contact you first there. Beware of scammers)
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