Bitcoinist
2020-06-26 10:00:02

Traders Say Bitcoin Looks Like 2020’s High. Key Data Begs to Differ

At the start of June, Bitcoin saw a crucial rejection at one of the most pivotal price levels: $10,500. After surging to that region, the cryptocurrency plunged by $1,000 in the days that followed. It was a retracement that liquidated tens of millions worth of BitMEX longs in the process. This drop was seen as bearish by many, with some traders likening the recent price action to February’s highs. After all, BTC experienced rejection at […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer