Bitcoin was trading at $39,510 late Friday, down 4%, based on charts by Coingecko, which signals dangerous waters in trading.
Four percent might be too small to matter but it does to Bitcoin and all other cryptocurrencies.
On a more positive note, technical indicators have shown that Bitcoin is meant to be more stable at $38,500 even with the reduced price momentum.
Current trends circling the crypto and metaverse worlds can greatly impact how traders behave.
When not on his computer, he unwinds with a bottle of beer and laughs with his son over cartoons.
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.