Bitcoinist
2020-07-09 12:00:27

The Last Time Bitcoin Formed These 3 Patterns, It Dropped 60% in a Week

Bitcoin has finally started to move higher after flatlining around $9,000 for over 10 days. During Wednesday’s trading session, the leading cryptocurrency moved as high as $9,475 — the highest price in weeks. Analysts say, however, that this price action hides an eerie set of bearish technical occurrences. What’s interesting is out of these technical occurrences, there are some that were last seen when BTC topped at $10,500 in February. Bitcoin Forms Eerie Similarities to […]

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