Bitcoin Price Crawls Past $3,800 – But You Shouldn’t Trust This False Recovery

2019-2-26 01:40

The bitcoin price started Monday with a small recovery to compensate for Sunday’s massive losses, but crypto investors shouldn’t get their hopes up. Bitcoin (BTC/USD) established its intraday high at $3,861, up around 1 percent for the 24-hour period.

On Sunday, the pair dropped approximately 10 percent in just 9 hours – a dump, precisely. It started consolidating upwards after finding a new low at $3,721. At the same time, the bitcoin market reported lower intraday volume and volatility, indicating that the bearish action was still far from over. Bitcoin Price Faces Stiff Resistance above $4,200 In late November 2018,

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Bitcoin (BTC) на Currencies.ru

$ 89245.42 (-1.97%)
Объем 24H $61.017b
Изменеия 24h: -4.06 %, 7d: -2.18 %
Cегодня L: $89245.42 - H: $92664.54
Капитализация $1781.143b Rank 1
Цена в час новости $ 3873.57 (2203.96%)

bitcoin price recovery shouldn intraday sunday started

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