A Move Above $8,500 Resistance Would Provide Confirmation Bitcoin's Bear Market Has Ended


Over the weekend, Bitcoin (BTC) clocked a three-week high of $8,458 on Bitfinex, adding credence to the short-term bull reversal confirmed last Thursday. Furthermore, the 30% rally from the low on April 1st of $6,425 proved that the much-feared "death cross" indicator was in fact a bear trap. A move above resistance at $8,500 would provide confirmation bitcoin's bear market has ended, the technical charts indicate.

Read more...

#bitcoinreversal

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