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BTC/USD Analysis: Price Drops Below $8,700 As Death Cross Spells Doom For Bitcoin Bulls

BTC/USD forms death cross as price drops below $8,700 USD. Long trader places $42 million buy order on BitMEX exchange. BTC/USD bears taking control as price signals drop to $7,800 region. Bitcoin, the pioneer cryptocurrency is currently experiencing a wild battle on the market as bears retake control despite the volumes traded reaching lows experienced

BTC/USD forms death cross as price drops below $8,700 USD. Long trader places $42 million buy order on BitMEX exchange. BTC/USD bears taking control as price signals drop to $7,800 region. Bitcoin, the pioneer cryptocurrency is currently experiencing a wild battle on the market as bears retake control despite the volumes traded reaching lows experienced

Bitcoin price
Price Analysis
Bitcoin price
Price Analysis

Bitcoin (BTC) Technical Analysis: Hovers Above $5,250 – Battles Rising Wedge Breakdown

The short-term technical charts show a bearish bias but BTC/USD is strongly supported at $5,175 – $5,200. Bitcoin price sideways trading at $5,250 ignores the down trending RSI. Bitcoin has recorded three days of slight gains. However, the bulls appear to be getting exhausted due to the failure to make headway above $5,300. The short-term

The short-term technical charts show a bearish bias but BTC/USD is strongly supported at $5,175 – $5,200. Bitcoin price sideways trading at $5,250 ignores the down trending RSI. Bitcoin has recorded three days of slight gains. However, the bulls appear to be getting exhausted due to the failure to make headway above $5,300. The short-term