Slow Bitcoin Recovery Elevates Risk of $6K Decline

Slow Bitcoin Recovery Elevates Risk of $6K Decline
фото показано с : bitcoints.com

2018-6-18 14:42

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.
Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion.
Yet, the leading cryptocurrency did not find any takers over the weekend, leaving trading flat-lined above $6,500.
Courtesy of the drop from $6,573 (Sunday’s high) to $6,370 (today’s low), the short duration charts have now turned bearish.
The 10-week MA is about to cross the 50-week MA from above (bearish crossover) for the first time since September 2015.

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bitcoin friday seemed likely losses breakdown flag

Источник: bitcoints.com

bitcoin friday → Результатов: 4


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