Bitcoin Price Erases Weekend Gains to Confirm Bearish Long-Term Trend

Bitcoin Price Erases Weekend Gains to Confirm Bearish Long-Term Trend


The bitcoin price kicked off the week on a negative note after correcting 2 percent to the downside. The BTC/USD rate found itself unable to breach above the neckline level discussed in our previous analysis. The falling trendlines look stronger than ever in other patterns as well. The symmetrical triangle formation, for instance, on the

The post Bitcoin Price Erases Weekend Gains to Confirm Bearish Long-Term Trend appeared first on CCN

Posted by Yashu Gola on December 3, 2018 @ https://www.ccn.com/bitcoin-price-erases-weekend-gains-to-confirm-bearish-long-term-trend/

Comments are closed.