Bitcoin Price Careens Lower But Bullish Trend Survives

2019-4-5 01:00

The bitcoin price on Thursday depreciated as much as 10. 33-percent against the US dollar. The cryptocurrency reached an intraday low at $4,833 in an interim bearish correction. It was already trending inside an overbought zone when the downside action started.

Traders found a decent opportunity to exit their long positions around bitcoin’s fresh yearly high at $5,342, prompting a sharp pullback towards $4,789, the higher-low from yesterday. The price didn’t extend the correction and started consolidating within a new trading range instead. Bitcoin Price Consolidates Below $5,000 Coinbase data showed that bitcoin was more likely to extend its bearish correction

The post Bitcoin Price Careens Lower But Bullish Trend Survives appeared first on CCN

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Bitcoin (BTC) на Currencies.ru

$ 67100.43 (+0.03%)
Объем 24H $16.187b
Изменеия 24h: 0.35 %, 7d: 0.67 %
Cегодня L: $67005.55 - H: $67416.48
Капитализация $1342.788b Rank 1
Цена в час новости $ 4987.81 (1245.29%)

bitcoin price correction extend started bearish bullish

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