Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce?

Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce?


The bitcoin price on Wednesday showed signs of recovery after two weeks of massive selling action. The BTC/USD rate surged as much as 7 percent to establish an intraday high at 4645-fiat. The pair consolidated above 4500-fiat for a brief time but lost steam ahead of the US trading session, creating lower highs towards 4241-fiat.

The post Bitcoin Price Bounces Back — Sustained Recovery or Dead Cat Bounce? appeared first on CCN

Posted by Yashu Gola on November 21, 2018 @ https://www.ccn.com/bitcoin-price-bounces-back-sustained-recovery-or-dead-cat-bounce/

Comments are closed.