A correction continues for Bitcoin during Friday, but it may not be over yet, and analysts are far from worried.
7203
27
2:06
Bitcoin hitting
59K would be ‘extremely healthy,’ says trader as BTC price retreats
MARKET UPDATE
Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
BTC: Consolidation becomes down move
Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range.
The pair had spent the previous day tracing sideways — behavior that was now showing signs of breaking down.
For popular analysts, however, such BTC price action was not only expected but welcomed.
7203
27
2:06
Bitcoin hitting
59K would be ‘extremely healthy,’ says trader as BTC price retreatsMARKET UPDATE
Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
BTC: Consolidation becomes down move
Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range.
The pair had spent the previous day tracing sideways — behavior that was now showing signs of breaking down.
For popular analysts, however, such BTC price action was not only expected but welcomed.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.