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Bitcoin Price Pattern Points to a Crash
Bitcoin price remained under pressure this week as the recent attempts to rebuild faded and investors remained in the sidelines after last week’s crash. The BTC/USD pair was trading at 112,500, up from this month's low of 106,300. Bitcoin price crashed on Tuesday and then pared back losses after China continued putting pressure on the United States. Beijing announced measures to target an American shipping company. This was the latest part of the trade conflict between the two most powerful companies in the world. Last week, Beijing noted that it would put in place measures to control rare earth materials exports, ... (full story)
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