Bitcoin exhibits a bearish pattern: A revisit to sub $8,000 levels?

2019-10-2 16:45

Bitcoin has recovered from the $7000 levels and is now, slowly trying to climb back up. However, it looks like there isn’t enough bullish momentum to get it going. At press time, Bitcoin was priced at $8,232 with a market cap of $148 billion.

In the previous article, Bitcoin was facing resistance from the 200-day […]

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bitcoin levels exhibits pattern bearish sub revisit

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Bitcoin Price Analysis: The Bears Are Struggling to Take BTC Below $6k, But That Might Not Happen

Resistance levels: $6,759, $7,363, $8,075, Support levels: $6,118, $5,858, $4,800 BTC/USD Medium-term Trend: Bearish The cryptocurrency is bearish in its medium-term. Before the bearish trend, which took place between yesterday and today the price of Bitcoin had been range bound between the resistance levels of $6,759 and support level of $6,118 in the last 30 […] The post Bitcoin Price Analysis: The Bears Are Struggling to Take BTC Below $6k, But That Might Not Happen appeared first on ZyCrypto.

2018-10-11 19:07