2018-7-14 22:25 |
Bitcoin fell by 0.47% on Friday, following a 2.12% slide on Thursday, to end the week down 7.27% at $6,219.6.
Following Thursday’s late in the day recovery, Bitcoin moved within relatively tight ranges through the morning and early afternoon on Friday, with a morning low $6,220 and mid-day high $6,286.8 leaving the day’s major support and resistance levels untested.
For the cryptomarkets, the hope will be that South Korea’s probe considered the G20’s likely rules and regs to avoid having to kick off another probe upon release of more unified regulations for the cryptomarkets.
Get Into Cryptocurrency Trading Today At the time of writing, Bitcoin was up 0.14% to $6,228.6 as the majors begin to recover from Friday afternoon’s reversal that had seen Bitcoin down at $6,100 levels.
An early morning $6,277.6 high left Bitcoin well short of the day’s first major resistance level at $6,331.33, with the morning’s $6,196 low steering clear of the first major support level at $6,089.17 before moving back through to $6,200 levels.
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