Above $7K: Bitcoin Eyes Gains After Death Cross Fails


Despite having witnessed a so-called "death cross" over the weekend, bitcoin (BTC) is now eyeing gains above the $7,000 mark. The much-feared technical indicator (bearish crossover between the 50-day moving average (MA) and the 200-day MA) was confirmed over the weekend, but the oversold conditions seem to have put a floor under bitcoin prices. The death cross was further confirmed on Saturday, but did not do significant damage to bitcoin's price.

Read more...

#coindesk #deathcross

Archive

Featured Posts
Recent Posts

Beginner's Bitcoin Buying Guide

Learn how to buy

bitcoin with this free step by step guide for  beginners.

Click here to read

© 2018 by TheCryptoCoinCenter.com  - email  us: TheCryptoCoinCenter@gmail.com

Terms of Use and Privacy Policy Disclaimer: Most of the articles, ratings, and reviews are posted because we are compensated in some way.

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square