The long due correction in the crypto markets began soon than most traders expected. Yesterday, Bitcoin [BTC] pullbacks to test low at $9602 driving altcoins with it as well. Nonetheless, it bounced back to test $10,000 in the following hours, suggesting a strong buying pressure. The weekly closed on a red (spot markets) at $9912
Bitcoin [BTC] price dipped about $200 on Monday after reaching a high at $7666. The price of Bitcoin [BTC] at 4: 15 hours UTC on 10th December 2019 is $7365. It is trading 1.6% lower on a daily scale. BitFinex Long-Short Difference BitFinex longs increased by over 50% from 25,600 BTC to about 38,280 BTC.
Bitcoin [BTC] price has failed to break above the 200-Day Moving Average for bullish confirmation. It presented two shorting opportunities last week above $8500 and $8300. The price started to dip below $8000 on 15th October 2019. The price of Bitcoin at 8: 45 hours UTC on 20th October 2019 is $7915. It is trading