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Bitcoin: Breaks Below $20,000 Level Again

From dailyforex.com

The Bitcoin market has fallen again during the trading session on Thursday to break back below the $20,000 level. At this point, it looks as if it is going to threaten the lows, closer to the $18,000 level. By all accounts, Bitcoin is nowhere near done selling off, and I do think that we have the ability to pick up Bitcoin at much lower levels. It is because of this that I have not been active in this market, nor do I think that it is one that you need to be worried about at the moment. The market will continue to see a lot of negative headwinds, especially as so much of the crypto world has imploded. Tightening ... (full story)

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  • Category: Technical Analysis