Bitcoin (BTC) Strongly Defends $5,800 Support As Crypto Carnage Continues

2018-8-14 17:00

Bitcoin (BTC) has held the $5,800 support so far even as crypto carnage continues. While most altcoins have already suffered double digit losses, Bitcoin (BTC) has held its ground as can be seen on the daily BTC/USD chart above.

The price is currently trading above $6,000 as technical conditions have reached oversold levels for the most part. RSI is trading barely above 30 but seems to have formed a double bottom. Weis Wave Volume indicator on the lower half of the above chart shows that the major move down is almost over as there is no momentum left for further downside at this point.

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$ 96911.65 (-0.05%)
Объем 24H $40.666b
Изменеия 24h: -0.44 %, 7d: -5.68 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1918.814b Rank 1
Цена в час новости $ 6130.86 (1480.72%)

btc crypto bitcoin above continues carnage support

Источник: cryptodaily.co.uk

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