Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over

Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over
фото показано с : cointelegraph.com

2022-7-20 10:36

A crypto renaissance sees Bitcoin price challenge major resistance and long-term trendlines in a much-needed show of strength.

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Bitcoin (BTC) на Currencies.ru

$ 89363.11 (-0.27%)
Объем 24H $31.688b
Изменеия 24h: 1.80 %, 7d: -0.13 %
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bitcoin price challenge major sees renaissance crypto

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Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences.

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