Recovery in Doubt as Bitcoin Price Drops Out of Bullish Channel

Bitcoin is painting a less bullish picture than 24 hours ago, following a drop out of an ascending price channel.

READ MORE  Poloniex to Delist Three Assets, Remove Margin And Lending Products For US Customers

Stepping back, the leading cryptocurrency picked up a strong bid at $6,200 on Oct. 31, keeping the crucial 21-month EMA support intact. Further, it witnessed a symmetrical triangle

READ MORE  PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *