Bitcoin Under $55,000
Over the past week, more than $665 million has flown out of crypto exchanges, and most of it involved Bitcoin.
Similar situation yesterday, with over $220 million in position liquidations.
$54,000 is a point the market has seen since February, indicating that $50,000 may be close.
Accordingly, Ethereum and Solana fell over 10% in the past few days, showing how sensitive the market is to cryptos.
Two major events seem to have brought a lot of bitcoins into the market.
First, the bitcoins from the exchange Mt. Gox, which hit the market after 10 years and second, the German government added more, through auctions of seized hard drives.
Until the market can absorb this new supply, we will have low prices, perhaps even as low as $50,000……
Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Kastoria, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations
Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.
At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.
If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).
