Bitcoin (BTC) Above $5,000 Deviates From Long-Term Trend: What Does This Mean?

Bitcoin (BTC) Above $5,000 Deviates From Long-Term Trend: What Does This Mean?
фото показано с : ethereumworldnews.com

2019-4-7 09:00

Ongoing Bitcoin Rally Throws A Wrench Into Long-Standing Chart Many have welcomed the recent rally with open arms, as it allowed Bitcoin (BTC) to surpass key resistance levels in the $4,000 region.

However, this move,. . .

The post Bitcoin (BTC) Above $5,000 Deviates From Long-Term Trend: What Does This Mean? appeared first on Ethereum World News.

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Bitcoin (BTC) на Currencies.ru

$ 96427.39 (-0.76%)
Объем 24H $97.698b
Изменеия 24h: 1.88 %, 7d: 8.51 %
Cегодня L: $94006.77 - H: $98156.69
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Цена в час новости $ 5156.23 (1770.11%)

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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

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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