Analyst: Bitcoin Bearish Candle Could Spell More Losses

2019-6-10 11:30

The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues.

From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under. . .

The post Analyst: Bitcoin Bearish Candle Could Spell More Losses appeared first on NewsBTC.

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Источник: newsbtc.com

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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35


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