Your current location is：{Current column} >>Text

Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6% By Cointelegraph

{Current column}69439People have watched

IntroductionBitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6%Bitcoin (BTC) fell rapidly on ...

Bitcoin ‘very bearish’ below $22.5K,<strong>fx foreign exchange</strong> says trader as BTC price dives 6%Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6%

Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle.

Bitcoin ‘very bearish’ below $22.5K, says trader as BTC price dives 6% By Cointelegraph

BTC/USD 1-week candle chart (Bitstamp) with 200-week moving average. Source: TradingView
Bitcoin exchange outflows chart. Source: CryptoQuant
ETH/USD 1-day candle chart (Binance). Source: TradingView

Continue Reading on Coin Telegraph

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!

Tags：

Previous：Asian stocks rise, Nikkei at 33

Next：U.S. stocks are falling as investors await CPI report for April By

Related articles



Popular Articles

Latest articles

Friendly Links