Bitcoin Price Analysis (BTC/USD) It seemed to be clear that yesterday U.S. governmental hearing of Facebook Libra widely affected the price of the top cryptocurrency. In an hourly chart, BTC/USD appears to have exhibited a bearish pressure. The downward movement was supported by the 21 day MA that was seen gravitating above the 7 day MA. The Relative Strength Index indicator has moved from a high of 55.82 to a low of 24.04 that is marked as the oversold territory. The decline indicated an increase in sellouts that sowed cynical investor’s sentiment. BTC/USD pair is down by 10.9%, having moved
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