Bitcoin Is Looking at a Short-Term Bull Reversal if Prices Pass $7,400

2019-11-27 14:05

Bitcoin needs to break above resistance at $7,380 to confirm a short-term bull reversal and invite stronger buying pressure.

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bitcoin short-term reversal buying pressure 380 confirm

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Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head

On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near the Realized Price of the short-term holders.

2024-6-18 07:00