Bitcoin Price Could Crash to $8,000 if Critical Juncture Breaks

2019-9-2 09:46

By CCN Markets: According to technical analysts and cryptocurrency traders, the bitcoin price is at a critical juncture following its indecisive weekly close and is waiting for confirmation for either a full short term trend breakdown or reversal for BTC.

Since July, the bitcoin price has tested the so-called “range bottom” from $9,400 to $9,700 […]

The post Bitcoin Price Could Crash to $8,000 if Critical Juncture Breaks appeared first on CCN Markets

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Bitcoin (BTC) на Currencies.ru

$ 69770.69 (+0.73%)
Объем 24H $46.024b
Изменеия 24h: -2.73 %, 7d: -0.45 %
Cегодня L: $68905.04 - H: $71538.73
Капитализация $1396.915b Rank 1
Цена в час новости $ 10400.93 (570.81%)

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Фото:

Bitcoin reveals a rare bullish cycle bottom signal before bouncing as futures bears tighten their grip

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.

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