Bitcoinist
2019-05-22 14:00:08

Bitcoin Price Analysis: $8K Falls as Bulls Pin Hopes on Ascending Triangle

Bitcoin price analysis shows BTC/USD returning above $8,000 was short lived. But is the dream of $9,000 now dead for the bulls in the near term? Let’s take a look. Bitcoin Price Analysis: Recap Today, ramped up selling pressure has extended Bitcoin’s distance from the psychological level by $200, leaving bullish traders fighting to defend the $7,800. Looking back at the BTC/USD 30-minute chart we released yesterday, we can see that the price managed toRead MoreThe post Bitcoin Price Analysis: $8K Falls as Bulls Pin Hopes on Ascending Triangle appeared first on Bitcoinist.com.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.