ICYMI: here's the main reason why Bitcoin is still below $50,000, according to this analyst BTC $BTC BTCprice
remains in an ascending consolidation pattern for the last two months, showing that the market is still uncertain as to which way it should go and waits for additional signals.
As the provided chart suggests, the first cryptocurrency moves in the rangebound formed since the beginning of February, when the first cryptocurrency was trading at approximately $45,000. After the retrace, BTC hit the local bottom of $37,000 and then went for another run.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zara’s Denim Selection Is On Point—And The Jeans Are All Under $50Guess I'll buy five pairs.
Read more »
Fintech Startup Helps Families Keep Track Of Food Stamps And Other Government Benefits, Raises $50 Million In Series B Round Led By Nyca PartnersPropel, the software developer behind the Providers app, offers free debit card accounts and grants users access to job opportunities, discount coupons and savings tools.
Read more »
Bitcoin (BTC) Continues Sideways Trend, Closes Another Week With Long WickBitcoin (BTC) created a slightly bearish candlestick in the weekly time frame and the majority of other technical readings remain neutral.
Read more »
Bitcoin Whales in Uncertainty as BTC Fails to Hold Above $40,000Bitcoin (BTC) large- and small-sized holders have chosen different strategies as Bitcoin (BTC) struggles to defend crucial $39,000 level
Read more »
Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price triggerHere comes the weekly close, but it's next week's Fed rate hike decision that matters to Bitcoiners right now.
Read more »