Cryptopolitan
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

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