Bitcoin Bit Bearish Says This Week’s Crypto Technical Analysis

2019-10-23 17:22

Bitcoin’s price failed to test the resistance level and returned to the support level. Such a movement indicates the presence of sellers. Most probably, the price is ready to break... The post Bitcoin Bit Bearish Says This Week’s Crypto Technical Analysis appeared first on Trustnodes. origin »

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bitcoin price level technical analysis says bearish

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Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

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