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Following the initial meltdown, this cryptocurrency pair was able to recover into the top range of its short-term resistance zone.
Bitcoin has gone back and forth during Wednesday trading, as we find ourselves testing the $7000 level.
The Bitcoin market has been a little bit buoyant during the trading session on Monday, showing just how confused a lot of market participants are.
Bitcoin initially surged during the opening hours on Friday, but as I had been talking about previously, the first major resistance barrier was going to be at the $7000 level.
The Bitcoin market broke higher during trading on Thursday, clearing the $6000 level quite handily.
The Bitcoin market has rallied slightly during the trading session on Tuesday, as the $5000 level has offered enough support to cause the market to pop a bit.
Looking at the price action on Monday, I believe that Bitcoin is still going to see a lot of violent swings back and forth,
nstitutional selling across the cryptocurrency sector is anticipated to continue as portfolio managers are forced to raise capital to meet margin calls.
The Bitcoin market broke down significantly during the trading session on Friday, dropping another $2000 in the blink of an eye.
Bitcoin markets got absolutely slaughtered during the trading session on Thursday, basically falling as soon as the day started.
Los mercados de Bitcoin fueron absolutamente sacrificados durante la sesión comercial del lunes, rompiendo finalmente la dirección después de formar un bonito patrón de base.
Bitcoin markets have done very little during the trading session on Friday after rallying on Thursday.
The Bitcoin market did very little during trading on Wednesday, as markets continue to consolidate after a violent thrashing in both directions from a global standpoint.
Bitcoin went back and forth during the trading session again on Tuesday as Bitcoin traders simply have no idea what to do with the global economic situation.
Following the latest Bitcoin crash, eliminating hopes that this cryptocurrency possesses similar safe-haven attributes like gold, more downside cannot be ruled out