Bitcoinist
2020-09-08 08:00:54

Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst

It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis portal stated that Bitcoin is in a “golden accumulation zone,” citing a string of fundamental and technical catalysts that could propel the cryptocurrency’s price higher. It said BTC/USD is trading below the active trading group’s purchasing price. That means a majority of traders would […]

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