Bitcoin Analysis: Market Rejects Bulls as Downside Correction Extends

Bitcoin Analysis: Market Rejects Bulls as Downside Correction Extends


Bitcoin on Friday suffered a circa 1 percent loss against the US Dollar owing to an extended bearish correction. The BTC/USD pair is now trading at 6340-fiat, 2.70 percent down from the November’s top at 6516-fiat. The 100-period simple moving average resistance discussed in our previous analysis has fared strongly for the fourth time. The

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Posted by Yashu Gola on November 9, 2018 @ https://www.ccn.com/bitcoin-analysis-market-rejects-bulls-as-downside-correction-extends/

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