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Is the BTCUSD Pair Set to Head Below 11,000 As Bitcoin Prices Stall on the Weekly Chart?
Bitcoin prices appear to have stalled at the initial supply zone around 11400 after failing to get ány support from the fundamental side of things. Instead, several pronouncements which have mainly been anti-crypto continue to rend the airwaves. The latest of these are developments in Russia which indicate that the financial regulators look set to drop the hammer on the usage of cryptocurrency in the country. In an attempt to stem the decline of the Russian Ruble, financial regulators in Russia look set to impose some regulatory restrictions on the sale, marketing and distribution of Bitcoin and other ... (full story)
