Bitcoin (BTC) Likely To Find A Bottom between $5,000 And $3,000 This Year

2018-7-26 21:30

Bitcoin (BTC) has run into resistance and now appears to have topped out once again as it sets for a pullback. EMA alignment for BTC/USD on the daily chart above continues to remain bearish.

The price action is showing signs of weakness as the bulls lose momentum at the strong downtrend resistance. RSI on the daily chart has also reached overbought levels. Furthermore, the RSI is trading in a rising wedge, a bearish indicator which means the price is likely to retrace strongly in the next few days.

Continue reading Bitcoin (BTC) Likely To Find A Bottom between $5,000 And $3,000 This Year at Crypto Daily™.

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btc bitcoin daily likely find price bearish

Источник: cryptodaily.co.uk

btc bitcoin → Результатов: 126


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MicroStrategy’s smallest Bitcoin acquisition in 8 weeks sees BTC drop to $92,000

Bitcoin’s price fell by 2% within an hour after MicroStrategy announced its eighth consecutive weekly BTC acquisition. According to CryptoSlate’s data, the market reaction was less enthusiastic about the firm’s latest Bitcoin purchase, which dragged BTC down to $92,900 at the time of writing —a 10% drop from its record high of over $108,000.

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