Historically Bearish Technical Formation May Spell Trouble for Bitcoin Bulls

2019-4-29 00:30

Bitcoin’s recent upwards momentum has led to a massive shift in the overall sentiment surrounding the crypto markets, as enthusiasm is tepidly increasing as more investors believe that the BTC’s 2018 lows are truly a long-term bottom.

Despite this, one of Bitcoin’s fundamental indicators is currently flashing a bearish signal that has historically been followed. . .

The post Historically Bearish Technical Formation May Spell Trouble for Bitcoin Bulls appeared first on NewsBTC.

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