Bitcoin Price Saturday Spiral Tramples on Short-Term $12,000 Breakout

2019-9-8 13:48

The bitcoin price abruptly dropped by more than five percent $10,949 to $10,204 in the past 24 hours at a point which technical analysts described as a critical moment for bitcoin. As the bitcoin price initially made its way to $10,900, traders anticipated the dominant cryptocurrency to break out of a crucial resistance level and […] The post Bitcoin Price Saturday Spiral Tramples on Short-Term $12,000 Breakout appeared first on CCN Markets origin »

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bitcoin price breakout spiral saturday short-term tramples

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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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