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Bitcoin Price: Technicals Say 'Sell!' Despite Wider Crypto Market Recovery

From ccn.com

The cryptocurrency market experienced a minor-to-moderate recovery on Wednesday, but that doesn’t mean the mood has turned bullish. The Bitcoin price’s technical factors still favor selling, even as the asset pushes back toward $3,500. In the altcoin markets, Bitcoin SV has continued its long-running slide from glory over the past few days of trading. At present, a single BSV coin is worth less than 1 Dash. The Bitcoin price was different everywhere, making for arbitrage opportunities as large as the day is long. Someone with enough capital could easily arbitrage between, for example, Coinbase and Bitfinex, where the ... (full story)

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  • Category: Technical Analysis