View full page at cryptocraft.com

 

Bitcoin Price Loses Momentum As Russia Plans To Ban Cryptocurrencies

From investingcube.com

Bitcoin price rebounds from Asian session losses as the number one attempts to recover the sharp two day losses. Bitcoin rejected for one more time at the 10,000 mark as we have discussed in our previous analysis “Bitcoin Price Upside Capped At $10,000” as the 10,000 proves a very strong resistance. Traders dumped bitcoin below the 10,000 mark, while the rejection accelerated the sell-off and on Wednesday the price after a flash crush dropped down to 9,000. Yesterday, bitcoin price breached below the 9,000 and the pullback stalled at 8,800. It is clear for now that Bitcoin bulls need more steam to break above the ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis