Classic technical indicator foresees another massive Bitcoin price drop with $16K target

Classic technical indicator foresees another massive Bitcoin price drop with $16K target
фото показано с : cointelegraph.com

2021-6-3 20:00

Bitcoin is forming a textbook downside continuation structure called a bearish pennant whose ultimate breakout target lurks near $16,000.

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Bitcoin (BTC) на Currencies.ru

$ 95908.41 (-0.99%)
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Bitcoin’s price fluctuation has been the talk of the town for a long time now, and the number of mainstream investors talking about the world’s largest digital asset has also risen. A recent analysis has shown that the fall of volume in the Bitcoin ecosystem coincided with the bearish divergences of BTC’s 12 hour, 1 […] The post Bitcoin’s bearish divergence leaves crypto unfazed as price continues to climb appeared first on AMBCrypto.

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