Bounce Off $9,000 Could End Bitcoin Price Correction; Here’s Why

2019-9-1 01:30

While selling pressure has undoubtedly dissipated, the Bitcoin (BTC) price is still struggling. As of the time of writing this article, the cryptocurrency is trading for $9,550, which is 6. 5% lower than BTC was at one week earlier.

Related Reading: Prominent Investor Says Bitcoin Has “Failed” As a Safe Haven: BTC Slips 5% But, bulls. . .

The post Bounce Off $9,000 Could End Bitcoin Price Correction; Here’s Why appeared first on NewsBTC.

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Источник: newsbtc.com

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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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