Beware of robber banks (RB), bad advisors.
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BTC/USD: Is a Renewed Breakdown Threatening Bitcoin?
Following the initial meltdown, this cryptocurrency pair was able to recover into the top range of its short-term resistance zone. The advance was fueled by a short-covering rally, and demand from retail traders. Institutional selling pressure collapsed the entire sector, driven by the capital needs of portfolio managers. The sell-off in global equities provided the spark for the massive contraction. Bullish momentum in the BTC/USD is fading, leaving price action vulnerable to a renewed breakdown. The Force Index, a next-generation technical indicator, points towards the rise in bearish momentum. Two lower highs led ... (full story)
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- Mar 27, 2020 10:03am Mar 27, 2020 10:03am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
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- Mar 27, 2020 10:07am Mar 27, 2020 10:07am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Mar 27, 2020 5:56pm Mar 27, 2020 5:56pm
- trumps
- Joined Mar 2020 | Status: Member | 538 Comments
Compulsions can be hard to resist