Bitcoin Dominance Climbs, But Broken Support Could Lead to $8,000

Bitcoin Dominance Climbs, But Broken Support Could Lead to $8,000
фото показано с : beincrypto.com

2020-2-26 18:10

Cryptocurrency markets have accelerated losses this morning. Bitcoin has fallen through a key support level but its market dominance is climbing again as altcoins get eaten alive. Digital asset markets have continued their declines this week with a further $16 billion being dumped over the past 24 hours. origin »

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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December.

2019-1-29 02:01