NewsBTC
2020-05-04 21:00:25

Bitcoin Flashes Grave Bearish Divergence Just as Institutions Flip Long

Bitcoin’s intense upwards momentum has stalled as the cryptocurrency enters a firm bout of consolidation within the upper-$8,000 region. This has come about in the time following the multiple firm rejections the crypto posted within the lower-to-mid $9,000 region. It now appears that these rejections have caused the crypto to form some incredibly bearish divergence...

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