2019-08-15 22:06:39

Bitcoin price analysis: BTC price hits $9500, bears returning?

Bitcoin price analysis reveals that Bitcoin (BTC) price had recently become a geopolitical indicator for the tension between the US and China amidst the US-China trade war. Now as the tension cools down the price action is expected to normalize. Therefore, the price has been trading in a bearish pattern across the short-term charts. Bitcoin price chart by Trading View Across the 120-minute frames, the price action is showing a sharp decline for three days ago. However, this has added a new trade volume to the price action. The momentum was highly bearish in the beginning but is mixed now

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer