NewsBTC
2020-05-12 09:06:41

Bitcoin Could Fall Another $1,000 According to This Textbook Indicator

Bitcoin plunged by 18.79 percent after closing above $10,000 late Friday. The cryptocurrency found a short-term support area above $8,000, prompting traders to predict a $10,000-top retest. But a conflicting technical indicator sees bitcoin continuing its bearish correction. The “Bitcoin Halving” euphoria helped the cryptocurrency rise from its mid-March low of $3,858 to as high...

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