Bitcoin Price Weekly Analysis –Recent BTC/USD Slide Looks Dangerous
Bitcoin price failed to sustain the bullish bias against the US Dollar and moved down. Is a test of $620 in BTC/USD possible in the short term? Key Points. Bitcoin price was crushed today against the US Dollar and looks set for more declines in the near term. There was a major bullish trend line formed on the 4-hours chart (data feed from Bitstamp) of BTC/USD, which was broken during the downside move. There was also a bearish flag pattern on the same chart, which was cleared to open the doors for more losses. Bitcoin Price Break? Bitcoin price after a ride towards the $680 level against....
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