Bitcoin (BTC) Downtrend Resistance Turns Into Strong Support Amid Bullish Comeback

2018-8-15 17:00

Bitcoin (BTC) has been in a constant downtrend for the last few weeks. The price crashed especially hard during the last few days. The price did break below $6,000, but contrary to expectations, the price found support at what was previously a downtrend resistance as can be seen on the BTC/USD daily chart above.

The fall slowed down after Bitcoin (BTC) breached $6,000 but Bitcoin (BTC) was still expected to test the $5,800 support, which it didn’t.

Continue reading Bitcoin (BTC) Downtrend Resistance Turns Into Strong Support Amid Bullish Comeback at Crypto Daily™.

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btc bitcoin downtrend support price resistance turns

Источник: cryptodaily.co.uk

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