Bitcoin Surged 80% Last Time This Signal Appeared. It’s Almost Back

2020-10-12 02:51

Bitcoin has undergone a strong rally since the $9,800 lows seen in September. As of this article’s writing, the leading cryptocurrency trades for $11,400. Some fear that this is just a bear market bounce that will result in a reversion to the lows.

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Bitcoin (BTC) на Currencies.ru

$ 71510.92 (+1.14%)
Объем 24H $35.983b
Изменеия 24h: 2.18 %, 7d: 5.55 %
Cегодня L: $70430.58 - H: $71510.92
Капитализация $1409.334b Rank 1
Цена в час новости $ 11356.83 (529.67%)

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Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […]

2020-8-19 21:00