Analysis: Bitcoin Looking to Retest This Year’s Low at $3,455

Analysis: Bitcoin Looking to Retest This Year’s Low at $3,455

Advertisement The bitcoin price on Wednesday plunged as much as 4.3 percent as the market continued to erase gains made during the weekend trading session. The BTC/USD index on Coinbase today established an intraday low at 3663-fiat after the 50-period moving average on the hourly chart capped the upside attempt. The pair nevertheless is trending…

Bitcoin Price Intraday Analysis: BTCUSD Could Retest 2018’s Low

Bitcoin Price Intraday Analysis: BTCUSD Could Retest 2018’s Low

Advertisement The first time we saw a bear beating the hell out of somebody was in the Revenant. Then, it happened in February when bears attack knocked Bitcoin down from the $19,000-highs to the early $6,000-lows. A few months later, in June, Bitcoin revisited¬†its previous yearly low and eventually broke it to establish a new…