2018-9-3 18:00 |
Bitcoin (BTC) is an uptrend as the price seems to have entered a new ascending channel that can be seen on the 4H chart for BTC/USD above. This channel has held so far since the last few weeks of August and can be seen as the gateway to a trend reversal.
However, the price seems to have lost the bullish momentum that kicked in soon as Bitcoin (BTC) closed last month above 21 EMA on the monthly time frame.
Continue reading Bitcoin (BTC) Begins The Week In Red But There Isn’t Much Room For Further Downside at Crypto Daily™.
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