Bitcoin price risks even bigger pullback in Q4 after sharp rejections

Bitcoin price risks even bigger pullback in Q4 after sharp rejections
фото показано с : cointelegraph.com

2020-10-1 19:13

Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty.

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Bitcoin (BTC) на Currencies.ru

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bitcoin pullback risks bearish confluence technical structures

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Is contagion from India’s Zebpay flash crash to $5,700 responsible for the pullback in bitcoin price or something else in the works? Market Overview Up till yesterday, BTC traded within a narrowing triangle, leaving investors guessing which side the cryptocurrency would choose but as a third attempt to surpass $6,800 failed, BTC briefly reversed back below the $6,700 support and $6,600 protected against further decline.

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