Bitcoin May Plunge as It Prints a Familiar Bearish Structure

2019-8-21 21:30

By CCN Markets: In technical analysis, a support area gets weaker every time the prices touches it. That’s because each tap drains the strength or the demand at the support. A good example of this principle is the bitcoin breakdown of the $6,000 support on Nov.

14, 2018. In the chart above, you’ll see that […]

The post Bitcoin May Plunge as It Prints a Familiar Bearish Structure appeared first on CCN Markets

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