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Bitcoin Fear & Greed Index Avoids Sub-30 Despite a Seventh BTC Loss

From fxempire.com

On Thursday, bitcoin (BTC) fell by 0.76%. Following a 0.33% decline from Wednesday, Bitcoin ended the day at $22,652. The bearish session saw BTC extend its losing streak to seven sessions. BTC also ended the day at sub-$23,000 for the third session in a row. A bullish start to the day saw BTC rise to a high of $23,229 before hitting reverse. Falling short of the First Major Resistance Level (R1) at $23,395, BTC slid to a late low of $22,418 before making a move. BTC briefly fell through the First Major Support Level (S1) at $22,475 before a late partial recovery to $22,652. Uncertainty over the US economic outlook ... (full story)

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  • Category: Fundamental Analysis