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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »

2020-6-22 19:00


Bitcoin holds at $8,100 support—incoming retrace or continued consolidation?

Bitcoin encountered an exhaustion point that has confounded analysts. Some analysts were expecting a 20–40 percent correction, but $7,800 resistance held. Is a retrace still on the horizon? Following the $9,090 high of May 30, Bitcoin encountered an exhaustion point that lead Tuur Demeester, the founding partner of Adamant Capital, to believe that a 20 to […] The post Bitcoin holds at $8,100 support—incoming retrace or continued consolidation? appeared first on CryptoSlate. дальше »

2019-6-13 12:28