{"id":"tp-12792","type":"article-newspaper","title":"Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12792","datePublished":"2024-08-23T09:05:56.000Z","dateModified":"2024-08-23T09:05:56.000Z","language":"en","abstract":"Bitcoin’s current resistance at $62,000 is a critical threshold to avoid another steep decline below $50,000, potentially mirroring last August’s Black Monday.","section":"Business","references":[{"title":"Cointelegraph","url":"https://cointelegraph.com/news/bitcoin-price-resistance-level-crypto-black-monday-kraken-crypto-update"},{"title":"CoinMarketCap","url":"https://coinmarketcap.com/currencies/bitcoin/"},{"title":"CoinGlass","url":"https://www.coinglass.com/pro/dashboard/bitcoin"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}