2018-7-24 02:35 |
This shows that while investors are staying away from the altcoins, they have been accumulating Bitcoin for some time.
Though Bitcoin prices have fallen sharply this year, the interest in BTC futures trading has picked up.
BTC/USD The pullback on Bitcoin stopped at the $7,250 mark on July 21, which is a positive sign.
If successful, the BTC/USD pair can rally to $8,500, where it might again face another round of selling pressure.
If the bulls don’t rise above the 20-day EMA within the next two days, the chances of a breakdown increase.