Bitcoin Bears Start to Stir as BTC Falls Closer to $10k

2019-7-16 17:00

The US Treasury Secretary speech yesterday was largely considered as bullish for Bitcoin by those in the industry. BTC itself moved six percent back up to touch $11k but it has since slid back and is in danger of falling back to the crucial $10,000 level today.

Bitcoin Bears Awakening Bitcoin’s gains over the past. . .

The post Bitcoin Bears Start to Stir as BTC Falls Closer to $10k appeared first on NewsBTC.

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bitcoin btc bears back start 10k closer

Источник: newsbtc.com

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Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.

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