Cryptocurrencies are going down... What may signal a recovery?
Tag - ethereum
Check the key levels for the four main cryptocurrencies and think about your next steps!
Check the key level for crypto ahead of the weekend!
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.
Finally, it happened! Both the Fed Chair and US president commented about cryptocurrencies yesterday. However, in a different way (such a surprise).
The week has been emotionally unstable for BTC traders. After the surge during the first part of the week, when the price for Bitcoin tested the levels above $13,800, the digital asset fell below $11,000 on Thursday.
This week was super optimistic for Bitcoin bulls.
Bears finally took over the cryptomarket and pulled the price for BTC down.
Bulls finally gave up their positions.
What news has been happening in the crypto market this week?
The first part of the week was more than optimistic for Bitcoin. However, now it is going through the correction phase.
Last week was super optimistic for the crypto market. Despite the global uncertainties which pulled all of the risky assets down, Bitcoin started to rise