Long-Term Support Level May Struggle to Revive Bitcoin Price Rally

2019-6-4 14:30

Bitcoin’s price pullback seems to have stalled near historically strong support, but a bounce, if any, could be shallow. origin »

Bitcoin (BTC) на Currencies.ru

$ 87573.1 (-0.32%)
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bitcoin price support bounce historically any shallow

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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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