Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support

Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support
фото показано с : cointelegraph.com

2020-8-9 04:48

After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K.

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$ 0 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: -58.34 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0005776 (-100%)

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Фото:

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