Bitcoin's long-term prospect looks bleak but after a 5% rally

2020-1-10 18:00

Bitcoin's recent rally was delayed but it arrived nonetheless; the price shot up by ~16% in 3 days to $8,436. However, the rally has stopped and reversed as the retracement continues. This can mean twThe post Bitcoin's long-term prospect looks bleak but after a 5% rally appeared first on AMBCrypto.

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rally bitcoin long-term prospect bleak looks retracement

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […]

2020-6-3 21:00


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