Bitcoinist
2020-06-29 08:07:56

Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020

Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending downwards in a Falling Wedge pattern since June 2020. Meanwhile, it has painted a Death Cross that points to a further bearish correction in the market. There is a strong likelihood of Bitcoin correcting lower towards $8,200 in Q3/2020. So hints a confluence of two technical indicators. As of late, […]

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