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Bearish momentum appears to be accelerating across the cryptocurrency markets following the failure of BTC to hold above the long-term ascending trendline dating back to July 2017. As of this writing, the BTC markets appear to be falling to test support at the $6,000 USD area after forming a large descending triangle. The leading alternative […]
The post Markets Update: Crypto Markets Tests Key Support Levels appeared first on Bitcoin News.
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The price of bitcoin has bounced off a recent low of $7,300 USD in recent days, with prices hovering testing resistance at $9,000 as of this writing. The majority of altcoin markets have bounced alongside BTC, indicating that the cryptocurrency markets still remain correlated to bitcoin. Also Read: Snowden Releases NSA Documents Showing Bitcoin Was “#1 […]
The post Markets Update: Bitcoin Back Testing $9,000 in Spite of ‘Death Cross’ FUD appeared first on Bitcoin News.
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